How To Earn $500 A Month From McCormick Stock Ahead Of Q1 Earnings

McCormick & Company, Incorporated (NYSE:MKC) will release its first-quarter financial results before the opening bell on Tuesday, March 25.

Analysts expect the company to report quarterly earnings at 64 cents per share, up from 63 cents per share in the year-ago period. McCormick projects quarterly revenue of $1.61 billion, compared to $1.6 billion a year earlier, according to data from Benzinga Pro.

On Jan. 27, Barclays analyst Andrew Lazar maintained McCormick with an Equal-Weight rating and lowered the price target from $85 to $82.

With the recent buzz around McCormick, some investors may be eyeing potential gains from the company's dividends, too. Currently, McCormick offers an annual dividend yield of 2.25% and a quarterly dividend of 45 cents per share ($1.80 a year).

To figure out how to earn $500 ...