Investors are eagerly awaiting Bank of America’s upcoming earnings report, with analysts predicting fourth-quarter earnings of 96 cents per share, up from 82 cents per share last year. The consensus estimate for quarterly revenue is $27.62 billion, an increase from $25.35 billion last year. Bank of America currently has an annual dividend yield of 1.99%, with a quarterly dividend of 28 cents per share. To earn $500 per month from dividends, investors would need approximately $300,956 or around 5,357 shares. Calculating dividend yield involves dividing the annual dividend payment by the stock’s current price, which can fluctuate based on dividend payments and stock price changes.

Read more at Yahoo Finance: How To Earn $500 A Month From Bank of America Stock Ahead Of Q4 Earnings