NKE - How To Earn $500 A Month From Nike Stock After Upbeat Earnings | Benzinga
NIKE, Inc. (NYSE: NKE) on Thursday posted upbeat earnings for its first quarter, while sales missed expectations.
Nike said fiscal first-quarter revenue increased 2% year-over-year to $12.939 billion, which missed the consensus estimate of $12.98 billion. The company reported quarterly earnings of 94 cents per share, which beat analyst estimates of 74 cents per share.
With Nike reporting quarterly earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, Nike has a dividend yield of 1.52%, which is a quarterly dividend amount of $0.34 a share ($1.36 a year).
To figure out how to earn $500 monthly from Nike dividends, we start with the yearly target of $6,000 ($500 x 12 months).
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