Meta Platforms, Inc. (NASDAQ:META) shares closed slightly higher during Tuesday's session.

On Tuesday, Baird analyst Colin Sebastian maintained Meta with an Outperform rating and lowered the price target from $820 to $815, according to Benzinga Pro.

With the recent buzz around Meta, some investors may be eyeing potential gains from the company's dividends too. As of now, Meta offers an annual dividend yield of 0.32%, which is a quarterly dividend amount of 52.5 cents per share ($2.10 a year).  

So, how can investors exploit its dividend yield to pocket a regular $500 monthly?

To earn $500 per month or $6,000 annually from dividends alone, you would need an ...