Constellation Brands, Inc. is set to release its first-quarter earnings after the closing bell on Tuesday, June 30, with analysts expecting earnings of $3.25 per share on revenue of $2.4 billion. Ahead of the report, JPMorgan analyst Drew Levine maintained a Neutral rating and raised the price target from $168 to $169. The company currently offers an annual dividend yield of 2.85%, with a quarterly dividend of $1.03 per share, or $4.12 annually. To generate $500 per month, or $6,000 per year, from dividends alone, an investor would need approximately $210,319 invested, equating to about 1,456 shares. For a more modest $100 per month, the required investment drops to roughly $42,035, or 291 shares.
Constellation Brands Inc Class AArticle discusses upcoming earnings, analyst rating, and dividend yield, but no actual earnings results or material news yet.