Investors need $310,500 in KB Home for $500/month
From Yahoo Finance: 2025-06-23 08:19:00
KB Home (NYSE: KBH) will release second quarter earnings after the closing bell on Monday, June 23. The company’s annual dividend yield is 1.93%, with a quarterly dividend amount of 25 cents per share ($1.00 a year).
To earn $500 monthly from KB Home, an investor would need to own approximately $310,500 worth of KB Home, or 6,000 shares. A more conservative goal of $100 monthly would require 1,200 shares, or $62,100 worth of KB Home.
Dividend yield can change as the dividend payment and stock price fluctuate. It is calculated by dividing the annual dividend payment by the current stock price. For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%.
KB Home’s stock price gained 2.2% to close at $51.75 on Friday. Analysts expect quarterly earnings to be at $1.46 per share, down from $2.15 per share a year ago. The company projects quarterly revenue at $1.51 billion, compared to $1.71 billion a year earlier.
On March 24, KB Home reported worse-than-expected first-quarter EPS and sales results.
Read more: How To Earn $500 A Month From KB Home Stock Ahead Of Q2 Earnings