How To Earn $500 A Month From Nordson Stock Ahead Of Q3 Earnings Report

Group 1 - Nordson Corporation is set to release its third-quarter earnings results on August 21, with analysts expecting earnings of $2.33 per share, a slight decrease from $2.35 per share in the same period last year [1] - The company projects quarterly revenue of $656.23 million for the upcoming quarter [1] - On August 14, Nordson's board increased its dividend from 68 cents to 78 cents per share, resulting in an annual dividend yield of 1.30% [2][5] Group 2 - To achieve a monthly income of $500 from dividends, an investment of approximately $460,501 or around 1,923 shares is required, while a more modest goal of $100 per month would need about $92,196 or 385 shares [2][3] - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can fluctuate based on changes in stock price and dividend payments [3][4] - As of the latest trading session, Nordson's shares fell by 0.1% to close at $239.47 [5]