How To Earn $500 A Month From Nike Stock After Upbeat Q3 Earnings
Portfolio Pulse from Avi Kapoor
Nike Inc (NYSE:NKE) reported better-than-expected Q3 earnings, leading to a 0.6% increase in its stock price to close at $100.82. The company offers a 1.47% annual dividend yield, equating to $1.48 per share annually. To earn $500 monthly from dividends, an investment of approximately $408,724 or around 4,054 shares is required. The dividend yield can fluctuate with changes in dividend payments and stock price.
March 22, 2024 | 12:27 pm
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Nike Inc reported better-than-expected Q3 earnings, leading to a 0.6% increase in its stock price. The company offers a 1.47% annual dividend yield, requiring a significant investment to earn substantial monthly dividends.
The positive earnings report and the subsequent increase in stock price indicate a short-term bullish outlook for Nike. The detailed dividend yield information provides investors with a clear understanding of the investment needed to achieve a specific dividend income, highlighting the stock's attractiveness for income-focused investors.
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