How To Earn $500 A Month From McCormick Stock Ahead Of Q3 Earnings
Portfolio Pulse from Avi Kapoor
McCormick & Company (NYSE:MKC) is set to release its Q3 earnings on Oct. 1, with expectations of increased earnings per share and revenue. The company's dividend yield is currently 2.02%, and investors are considering dividend income strategies. Bank of America has maintained a Buy rating and raised the price target for McCormick.
September 30, 2024 | 12:33 pm
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McCormick & Company is expected to report increased earnings and revenue for Q3. The company offers a 2.02% dividend yield, attracting investors interested in dividend income. Bank of America has raised its price target to $95, maintaining a Buy rating.
The upcoming Q3 earnings report is expected to show growth in earnings per share and revenue, which is positive for the stock. The dividend yield of 2.02% is attractive for income-focused investors. Additionally, the Buy rating and increased price target from Bank of America suggest confidence in the stock's potential, likely leading to a positive short-term impact on the stock price.
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