Toll Brothers, Inc. will release third-quarter earnings after the closing bell on Tuesday, Aug. 19. Analysts expect earnings at $3.60 per share and revenue at $2.86 billion. The company has beaten estimates in eight of the last 10 quarters. Investors may be attracted to Toll Brothers’ 0.76% annual dividend yield.

To earn $500 monthly from dividends, investors need around $787,080 in Toll Brothers shares. For $100 monthly, they would need about $157,416. The dividend yield can change based on the dividend payment and stock price fluctuations. The yield is computed by dividing the annual dividend payment by the stock’s current price.

Toll Brothers’ stock price rose 0.5% to $131.18 on Monday. Changes in dividend payment or stock price can impact the dividend yield. If a company increases its dividend, the yield will rise, provided the stock price remains the same. Conversely, a decrease in dividend payment will lower the yield.

Read more at Yahoo Finance: How To Earn $500 A Month From Toll Brothers Stock Ahead Of Q3 Earnings