McCormick(US:MKC) Benzinga·2025-10-03 12:30Earnings Report - McCormick & Company is set to release its third-quarter earnings results on October 7, with analysts expecting earnings of 82 cents per share, a decrease from 83 cents per share in the same period last year [1] - The company is projected to report quarterly revenue of $1.71 billion, an increase from $1.68 billion a year earlier [1] Dividend Information - McCormick currently offers an annual dividend yield of 2.64%, with a quarterly payment of 45 cents per share, totaling $1.80 annually [2] - To achieve a monthly income of $500 from dividends, an investor would need to own approximately 3,333 shares, equating to a total investment of about $226,944 [3] - For a more conservative monthly income goal of $100, an investor would need 667 shares, requiring an investment of around $45,416 [3] Dividend Yield Dynamics - The dividend yield is calculated by dividing the annual dividend payment by the current stock price, which means it fluctuates with changes in stock price [4] - For instance, if a stock's price rises, the dividend yield decreases, and vice versa [4] - Changes in the dividend payment itself can also affect the yield; an increase in dividends raises the yield if the stock price remains constant [5] Stock Performance - McCormick's shares increased by 0.5%, closing at $68.09 on Thursday [5]