How To Earn $500 A Month From Nvidia Stock Ahead Of Q4 Earnings Report
Portfolio Pulse from Avi Kapoor
NVIDIA Corporation (NASDAQ:NVDA) is anticipated to release its Q4 earnings on Feb. 21, 2024, with expected earnings of $4.64 per share and revenue of $20.62 billion, significantly up from the previous year. Ahead of this, NVDA's stock dropped by 6.7%, potentially due to profit-taking. The article also explores how to generate a monthly income of $500 from Nvidia's dividends, requiring ownership of approximately 37,500 shares.
February 21, 2024 | 1:05 pm
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NVIDIA is expected to report significant year-over-year growth in its Q4 earnings, with a notable stock price drop of 6.7% ahead of the announcement. The company offers a dividend yield of 0.02%, with a quarterly dividend of 4 cents per share.
The anticipation of strong Q4 earnings and the recent stock price drop suggest a potential short-term rebound, especially if earnings meet or exceed expectations. The dividend yield, while small, indicates a steady return for investors, contributing to the stock's attractiveness.
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IMPORTANCE 90
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