Here's How Many Shares of Nvidia You'd Need for $10,000 in Yearly Dividends
The company's massive profits allow the management team to return capital to shareholders.
Here's How Many Shares of Nvidia You'd Need for $10,000 in Yearly Dividends
Overview
Without a doubt, Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks in the market, as its shares have climbed 1,050% in the past five years (as of June 17). Positioned at the center of the artificial intelligence (AI) boom, this business continues to register incredible demand for its powerful data center graphics processing units.
But many investors might not be aware that this AI stock pays dividends. Here's how many shares you'd need to own to generate $10,000 in passive annual income.
Image source: The Motley Fool.
Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
