PepsiCo will release second-quarter earnings before the opening bell on July 17. Analysts predict earnings of $2.03 per share and revenue of $22.3 billion. Barclays analyst Lauren Lieberman maintained PepsiCo with an Equal-Weight rating and lowered the price target from $135 to $132. Investors eyeing dividends could earn $500 monthly with 1,054 shares of PepsiCo.

For a more conservative goal of $100 monthly, investors would need 211 shares, or $28,234 worth of PepsiCo. Dividend yield can change based on dividend payments and stock price fluctuations. PepsiCo’s stock fell 1.3% to close at $133.81 on Tuesday.

The dividend yield is calculated by dividing the annual dividend payment by the current stock price. Changes in stock price and dividend payment can impact the dividend yield. PepsiCo offers an annual dividend yield of 4.31%, with a quarterly dividend amount of $1.42 per share ($5.69 a year).

Read more at Yahoo Finance: How To Earn $500 A Month From PepsiCo Stock Ahead Of Q2 Earnings