What Is the Dividend Payout for Nvidia?
Nvidia (NASDAQ: NVDA) remains one of the hottest artificial intelligence (AI) stocks on the market. But did you know that the company also pays a dividend? And something strange happened to that dividend earlier this year.
Many profitable companies that experience rapid growth in their sales opt to boost their dividend payments over time. At first glance, the opposite seems true for Nvidia.
In 2020, the company was paying a quarterly dividend of $0.16 per share. In 2021, the quarterly payout was lowered to $0.04 per share. And then, in early 2024, it was lowered again to just $0.01 per share per quarter. All of this has brought Nvidia's dividend yield down to just 0.02%, with a payout ratio of merely 1% of Nvidia's bottom-line earnings.
Source Fool.com
