How To Earn $500 A Month From Woodward Stock Ahead Of Q4 Earnings

Earnings Results - Woodward, Inc. is set to release its fourth-quarter earnings results on November 24, with analysts expecting earnings of $1.87 per share, an increase from $1.41 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $943.15 million, compared to $854.49 million a year earlier [1] Analyst Upgrade - Wolfe Research analyst Louis Raffetto upgraded Woodward from Peer Perform to Outperform, setting a price target of $300 [2] Dividend Information - Woodward currently offers an annual dividend yield of 0.43%, translating to a quarterly dividend of 28 cents per share, or $1.12 annually [2] - To generate $500 monthly from dividends, an investment of approximately $1,389,659 or around 5,357 shares is required, while $100 monthly would need about $277,828 or 1,071 shares [2] Dividend Yield Calculation - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can fluctuate based on stock price changes [3] - Changes in dividend payments also affect the yield; an increase in dividends raises the yield if the stock price remains constant [4] Stock Performance - Woodward's shares rose by 0.7%, closing at $259.41 on Wednesday [4]