NKE - How To Earn $500 A Month From Nike Stock After Upbeat Q3 Earnings | Benzinga
Nike Inc (NYSE: NKE) investors may be eyeing potential gains from the apparel company’s dividends.
Currently, Nike offers an annual dividend yield of 1.47%, which is a quarterly dividend amount of 37 cents per share ($1.48 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $408,724 or around 4,054 shares. For a more modest $100 per month or $1,200 per year, you would need $81,765 or around 811 shares.
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