How To Earn $500 A Month From Nike Stock After Upbeat Earnings
Portfolio Pulse from Priya Nigam
Nike Inc. (NYSE:NKE) reported upbeat Q1 earnings, beating analyst estimates, but missed sales expectations with a 2% YoY increase to $12.939 billion. The company's dividend yield is currently 1.52%, equating to a quarterly dividend of $0.34 per share. To generate a monthly dividend income of $500, an investor would need to own approximately $395,448 worth of Nike shares. The article also explains how dividend yield can fluctuate over time due to changes in stock price and dividend payment.
September 29, 2023 | 12:20 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Nike's Q1 earnings beat and dividend yield may attract investors, potentially driving up the stock price.
Positive earnings typically attract investors, which can drive up the stock price. Additionally, a decent dividend yield can make the stock more appealing to income-focused investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100