NKE - How To Earn $500 A Month From Nike Stock Following Quarterly Report | Benzinga
NIKE, Inc. (NYSE: NKE), on Thursday, posted better-than-expected earnings for its second quarter, but sales missed expectations.
Nike reported quarterly earnings of $1.03 per share, surpassing analyst expectations of 85 cents per share. Revenue of $13.39 billion missed the Street's estimate of $13.43 billion, according to Benzinga Pro.
With the recent buzz around Nike following quarterly results, some investors may be eyeing potential gains from the company’s dividends. As of now, Nike offers an annual dividend yield of 1.37%, 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 ...