Reported 3 months ago
Nvidia's dividend payout has increased to $0.01 per share quarterly, totaling about $1 billion annually. Despite this increase, the dividend yield has dropped to only 0.03% due to a massive rise in share price. The company prioritizes reinvesting its profits into capital expenditures and research and development, particularly in response to the growing demand in the AI sector, indicating that Nvidia is unlikely to heavily focus on dividends in the near future.
Source: YAHOO