Campbell's Company (NYSE:CPB) will release earnings results for the first quarter of fiscal 2025, on Wednesday morning, Dec. 4.

Analysts expect the food company to report quarterly earnings at 87 cents per share. That's down from 91 cents per share in the year-ago period. Campbell's projects to report revenue of $2.8 billion, up from $2.52 billion a year earlier, according to data from Benzinga Pro.

On Nov. 14, Campbell's named Daniel L. Poland as Chief Enterprise Transformation Officer.

With the recent buzz around Campbell's, some investors may be eyeing potential gains from the company's dividends, too. Campbell's currently offers an annual dividend yield of 3.20%, which is a quarterly dividend amount of 37 cents per share ($1.48 a year).

So, how can investors exploit its dividend yield to pocket a regular $500 monthly?

To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $187,416 or around 4,054 shares. For a more modest $100 per month or $1,200 per year, you would need $37,493 or around 811 shares.

To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($1.48 in this case). So, $6,000 / $1.48 = 4,054 ($500 per month), and $1,200 / $1.48 = 811 shares ($100 per month).

Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.

How that works: The dividend yield is computed by dividing the annual dividend payment by the stock's current price.

For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).

Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.

Price Action: Shares of Campbell's are down 0.75% at last check Tuesday, trading at around $45.88.

Read More:

• This Analyst With 85% Accuracy Rate Sees More Than 8% Upside In CrowdStrike – Here Are 5 Stock Picks

Image: Shutterstock