How To Earn $500 A Month From Nvidia Stock
Portfolio Pulse from Avi Kapoor
NVIDIA Corporation (NASDAQ:NVDA) shares closed higher on Wednesday, driven by strength in the chip stock sector. Paul Pelosi recently bought 10,000 shares of NVIDIA, valued between $1 million and $5 million. Over the past six months, NVIDIA's stock has surged by more than 161%. Despite the buzz, NVIDIA offers a modest annual dividend yield of 0.03%. To earn $500 monthly from dividends, an investor would need approximately $19,242,000 invested in NVIDIA shares.
July 05, 2024 | 3:02 pm
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NVIDIA shares closed higher, driven by strength in the chip stock sector. Paul Pelosi's purchase of 10,000 shares adds to the buzz. Despite a 161% surge in six months, NVIDIA offers a modest annual dividend yield of 0.03%.
NVIDIA's stock price is likely to see a short-term positive impact due to the recent purchase by Paul Pelosi and the overall strength in the chip sector. However, the modest dividend yield may not attract dividend-focused investors.
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