From Nasdaq:

U.S. Steel Corporation is offering an annual dividend yield of 0.43% with a quarterly dividend amount of 5 cents per share (20 cents a year).

The company is expected to release its fourth-quarter earnings on Feb. 1, with analysts predicting quarterly earnings of 26 cents per share, down from 87 cents per share in the year-ago period. Revenue is projected at $3.76 billion, with 79% coming from the U.S. and 21% from Europe.

The report is also expected to mention Nippon Steel’s plans to acquire U.S. Steel for $55 per share in an all-cash transaction. To earn $500 per month, you need an investment of $1,410,600 or around 30,000 shares, while $1,200 per year needs $282,120 or around 6,000 shares.

Dividend yields can change over time, determined by the annual dividend payment divided by the stock’s current price.

Stock shares of U.S. Steel fell 2.4% to close at $47.02 on Wednesday. U.S. Steel dividend yield is the annual dividend payment divided by the stock’s current price.



Read more: How To Earn $500 A Month From US Steel Stock Ahead Of Q4 Earnings Print