PG&E Corporation (NYSE:PCG) will release earnings for the fourth quarter before the opening bell on Wednesday, Feb. 11.

Analysts expect the company to report earnings of 36 cents per share. That's up from 31 cents per share in the year-ago period. The consensus estimate for PG&E's quarterly revenue is $7.05 billion (it reported $6.63 billion last year), according to Benzinga Pro.

With the recent buzz around PG&E, some investors may be eyeing potential gains from the company's dividends. As of now, PG&E has an annual dividend yield of 1.19%, which is a quarterly dividend amount of 5 cents per share (20 cents a year).

To figure out how to earn $500 monthly from PG&E, we start with the yearly target of $6,000 ($500 x 12 months).

Next, we take this amount and divide it by PG&E's $0.20 dividend: $6,000 / $0.20 = 30,000 shares.

So, an ...