Invest $5 million in Nvidia for $1,000 dividend income; stock surge of 167%.

From Nasdaq: 2024-10-03 09:02:00

Nvidia has paid dividends since 2013, but with a low yield of 0.02% due to rapid stock growth. To generate $1,000 in annual dividends, one would need to invest around $5 million. However, investors can still create income by periodically selling shares. Nvidia shares have surged 167% in the last year, outperforming dividend stocks.

Consider investing in Nvidia for long-term growth, as it wasn’t listed among the Motley Fool’s top 10 stocks. Stock Advisor’s picks since 2002 have quadrupled S&P 500 returns. If you had invested $1,000 in their recommended stocks in 2005, you’d have $728,325 by now. Check out the 10 best stocks for potential high returns.



Read more at Nasdaq: Want $1,000 in Dividend Income? Here’s How Much You’d Have to Invest in Nvidia Stock