How To Earn $500 A Month From Celanese Stock Ahead Of Q2 Earnings

Celanese Corporation (NYSE:CE) will release earnings results for the second quarter after the closing bell on Monday, Aug. 11.

Analysts expect the Irving, Texas-based company to report quarterly earnings at $1.40 per share. That’s down from $2.38 per share in the year-ago period. Celanese is projected to report quarterly revenue at $2.49 billion, compared to $2.65 billion a year earlier, according to data from Benzinga Pro.

With the recent buzz around Celanese, some investors may be eyeing potential gains from the company's dividends. As of now, Celanese offers an annual dividend yield of 0.25%, a quarterly dividend amount of 3 cents per share (12 cents a year).

To figure out how to earn $500 monthly from Celanese, we start with the yearly target of $6,000 ($500 x 12 months).

Next, we take this amount ...