Reported 4 months ago
Nvidia's stock has been rising since its impressive earnings report, soaring 21% as of the article's date. The company's first-quarter results exceeded expectations, leading to a 10-for-1 stock split and a 150% dividend raise. With Nvidia's 0.03% annual dividend yield, investors aiming for a $500 monthly income would require about $17.2 million or 15,000 shares, while a more modest $100 monthly would need around $3.4 million or 3,000 shares. Dividend yield calculation involves dividing the desired annual income by the dividend amount, showing how stock price and dividend changes affect the yield. Nvidia stock closed at $1,148.25 on the mentioned day.
Source: YAHOO