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How can investors earn $500 a month from Nike's dividend yield?

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Nike projects to report quarterly revenue at $10.72 billion , compared to $12.61 billion a year earlier .

The company has beaten analyst estimates for revenue in two straight quarters and beaten estimates in six of the last 10 quarters overall.

Nike offers an annual dividend yield of 2.63% , which is a quarterly dividend amount of 40 cents per share ($ 1.60 a year) How to earn $ 500 per month or $ 6,000 annually from dividends alone?.