$0.28 in annual dividends per share is the figure Caleres, Inc. (CAL) income investors are working with: divided into a $6,000 annual income target, that implies 21,429 shares and a capital outlay of roughly $259,505. At the smaller scale, $1,200 per year ($100 per month) requires 4,286 shares and approximately $51,903. Caleres pays $0.07 per quarter, and the annual yield stands at 2.31%.
| Monthly target | Annual income | Shares required | Capital required |
|---|---|---|---|
| $500 | $6,000 | ~21,429 | ~$259,505 |
| $100 | $1,200 | ~4,286 | ~$51,903 |
The yield ratio is not a fixed number. Caleres's 2.31% is the $0.28 annual dividend divided by the current stock price, and both inputs move independently. A stock price that rises compresses the yield; one that falls widens it. The dividend itself can shift in either direction and trigger the same effect from the other side. To put numbers on the sensitivity: a stock paying $2 per year yields 4% at a $50 price, 3.33% at $60, and 5% at $40. Caleres's $0.28 annual payout operates under the same arithmetic. Investors targeting a specific monthly income will need to rerun share counts and capital requirements whenever either variable moves.
Q2 earnings: $0.37 consensus, Sept. 9 print
Caleres releases second-quarter results before the opening bell on Wednesday, Sept. 9. Analyst consensus tracked by Benzinga Pro calls for earnings per share of $0.37 (projected), up from the reported $0.35 in the year-ago quarter. Revenue consensus stands at $702.5 million (projected); Caleres reported $658.52 million in the same period last year, putting the consensus $43.98 million ahead of the prior-year figure. The company will be reporting against a raised bar: on June 4, Caleres posted better-than-expected first-quarter results and lifted its full-year 2026 earnings guidance.