Latest news with #MichaelLasser
CNBC
3 days ago
- Business
- CNBC
UBS' Michael Lasser shares the bull case for Dollar General and Dollar Tree
Michael Lasser, UBS, joins 'Closing Bell Overtime' to talk the bull case for dollar stores.
Yahoo
4 days ago
- Business
- Yahoo
How To Earn $500 A Month From Dollar General Stock Ahead Of Q1 Earnings
Dollar General Corporation (NYSE:DG) will release its first-quarter financial results before the opening bell on Tuesday, June 3. Analysts expect the company to report quarterly earnings at $1.49 per share, down from $1.65 per share in the year-ago period. Dollar General projects quarterly revenue of $10.29 billion, compared to $9.91 billion a year earlier, according to data from Benzinga Pro. On May 29, UBS analyst Michael Lasser maintained Dollar General with a Buy rating and raised the price target from $95 to $120. With the recent buzz around Dollar General, some investors may be eyeing potential gains from the company's dividends too. As of now, Dollar General offers an annual dividend yield of 2.43%, which is a quarterly dividend amount of 59 cents per share ($2.36 a year). To figure out how to earn $500 monthly from Dollar General, we start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Dollar General's $2.36 dividend: $6,000 / 2.36 = 2,542 shares. So, an investor would need to own approximately $247,210 worth of Dollar General, or 2,542 shares to generate a monthly dividend income of $500. Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $1.158 = 508 shares, or $49,403 to generate a monthly dividend income of $100. Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time. The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change. For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60). Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40). Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease. DG Price Action: Shares of Dollar General gained by 0.2% to close at $97.25 on Next: Top 5 Tech And Telecom Stocks That May Rocket Higher This Month Photo: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? DOLLAR GENERAL (DG): Free Stock Analysis Report This article How To Earn $500 A Month From Dollar General Stock Ahead Of Q1 Earnings originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
4 days ago
- Business
- Yahoo
How To Earn $500 A Month From Dollar General Stock Ahead Of Q1 Earnings
Dollar General Corporation (NYSE:DG) will release its first-quarter financial results before the opening bell on Tuesday, June 3. Analysts expect the company to report quarterly earnings at $1.49 per share, down from $1.65 per share in the year-ago period. Dollar General projects quarterly revenue of $10.29 billion, compared to $9.91 billion a year earlier, according to data from Benzinga Pro. On May 29, UBS analyst Michael Lasser maintained Dollar General with a Buy rating and raised the price target from $95 to $120. With the recent buzz around Dollar General, some investors may be eyeing potential gains from the company's dividends too. As of now, Dollar General offers an annual dividend yield of 2.43%, which is a quarterly dividend amount of 59 cents per share ($2.36 a year). To figure out how to earn $500 monthly from Dollar General, we start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Dollar General's $2.36 dividend: $6,000 / 2.36 = 2,542 shares. So, an investor would need to own approximately $247,210 worth of Dollar General, or 2,542 shares to generate a monthly dividend income of $500. Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $1.158 = 508 shares, or $49,403 to generate a monthly dividend income of $100. Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time. The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change. For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60). Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40). Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease. DG Price Action: Shares of Dollar General gained by 0.2% to close at $97.25 on Next: Top 5 Tech And Telecom Stocks That May Rocket Higher This Month Photo: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? DOLLAR GENERAL (DG): Free Stock Analysis Report This article How To Earn $500 A Month From Dollar General Stock Ahead Of Q1 Earnings originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
19-05-2025
- Business
- CNBC
Best Buy can continue its post-China trade agreement rally, says UBS
Best Buy stock could be poised to add to its rally in response to cooling trade tensions between the U.S. and China, according to UBS. "Some uncertainty lingers, but favorable tariff developments and sales momentum should support shares," analyst Michael Lasser wrote in a Friday note. "While BBY's stock has rallied a bit in response to temporarily lowered tariffs on Chinese imports, we still see a risk-reward that's tilted to the upside." Shares are down more than 15% in 2025, but have advanced roughly 8% so far in May. Stock in the retailer surged 6% last Monday following news that the U.S. and China agreed to temporarily lower tariffs on each other from their highest levels. BBY YTD mountain Best Buy stock in 2025. And even if the current tariff level of 30% on China remains in place, that is still a workable situation that Best Buy can effectively navigate, Lasser added. "A ~30% tariff on Chinese imports and a lower rate for certain CE products should create a much more manageable backdrop for the retailer," the analyst said. "Even if temporary, it should put the co. in a better position to control inventory flow and pricing of its products over the next few months."
