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How to earn $500 per month from Procter & Gamble's 2.52% annual dividend yield

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Procter & Gamble is expected to report quarterly earnings at $ 1.53 per share, up from $ 152 per share in the year-ago period.

The Cincinnati , Ohio -based company offers an annual dividend yield of 2.52% . To earn $ 500 per month or $ 6,000 annually from dividends alone, you would need an investment of approximately $238,222 or around 1,419 shares.