Shares of Nvidia Corporation (NASDAQ:NVDA) settled higher on Wednesday after Donald Trump won the election to become the 47th U.S. president.
The Biden administration imposed an artificial intelligence technology embargo on China, restricting the country's access to sophisticated AI chips from Nvidia, citing national security threats.
With the recent buzz around Nvidia ahead of quarterly earnings, some investors may also be eyeing potential gains from the company's dividends. As of now, Nvidia offers an annual dividend yield of 0.03%. That’s a quarterly dividend amount of 1 cent per share (4 cents a year).
To figure out how to earn $500 monthly from Nvidia, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it ...