Here's How You Can Earn $100 In Passive Income By Investing In Outfront Media Stock

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Outfront Media OUT leverages the power of technology, location, and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America.

It will report its Q1 2025 earnings on May 1. Wall Street analysts expect the company to post loss of $0.03 per share, up from $0.18 loss in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $405.93 million, down from $408.50 million a year earlier.

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The 52-week range of Outfront Media stock price was $13.68 to $19.95.

Outfront Media's dividend yield is 7.36%. It paid $1.20 per share in dividends during the last 12 months.

The Latest On Outfront Media

On Feb. 25, the company announced its Q4 2024 earnings, posting GAAP EPS of $0.43, compared to the consensus estimate of $0.39, and revenues of $493.20 million, compared to the consensus of $490.18 million, as reported by Benzinga.

“We finished the year well, with fourth quarter revenue growth coming in slightly ahead of our expectations and full-year AFFO nicely above the guidance we provided last year,” said Interim CEO Nick Brien. “Over the last two weeks I have met many talented people, and I am looking forward to leading them, and all of OUTFRONT, to an exciting 2025.”

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How Can You Earn $100 Per Month As An Outfront Media Investor?

If you want to make $100 per month — $1,200 annually — from Outfront Media dividends, your investment value needs to be approximately $16,304, which is around 1,000 shares at $16.31 each. 

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (7.36% in this case). So, $1,200 / 0.0736 = $16,304 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Outfront Media stock an attractive option for making a steady income of $100 per month by owning 1,000 shares of stock. 

Check out this article by Benzinga for three more stocks offering high dividend yields. 

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