Nordson Corporation is facing significant quarterly figures

The Westlake, Ohio-based engineering company Nordson Corporation will announce its fourth-quarter results on Wednesday, December 11, after the market closes. Analysts anticipate the company will report quarterly earnings of $2.59 per share, marking an increase from $2.46 in the same period last year. Quarterly revenues are expected to be $736.79 million, compared to $719.31 million in the same quarter of the previous year, according to Benzinga Pro. In addition to the expected earnings, investors are also closely examining the company's dividend yield. Nordson currently offers an annual dividend yield of 1.23%, which corresponds to a quarterly dividend of 78 cents per share ($3.12 annually). Investors are considering how this dividend offering can be utilized to generate regular income. To achieve a monthly income of $500 from dividends, an investment of approximately $486,269 or around 1,923 shares would be required. For a more modest income of $100 monthly, about $97,355 or around 385 shares would be needed. It is important to note that the dividend yield can change continuously, as both the dividend payment and stock price are subject to fluctuations. The calculation of the dividend yield is done by dividing the annual dividend payment by the current stock price. For example, the dividend yield of a stock paying an annual dividend of $2 and currently valued at $50 is 4%. If the stock price rises to $60, the dividend yield drops to 3.33%. Conversely, the dividend yield increases to 5% if the price falls to $40. Similarly, changes in the dividend payment affect the yield: a higher dividend increases the yield, provided the stock price remains stable, while a reduction in the dividend decreases the yield.