At the end of September 28, 2023, NVIDIA NVDA will reward its shareholders with a dividend payout of $0.04 per share, demonstrating an annualized dividend yield of 0.04%. Remember, only investors who held the stock before the ex-dividend date on September 06, 2023 will receive this payout.
NVIDIA Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-09-06 | 4 | $0.04 | 0.04% | 2023-08-23 | 2023-09-07 | 2023-09-28 |
| 2023-06-07 | 4 | $0.04 | 0.05% | 2023-05-24 | 2023-06-08 | 2023-06-30 |
| 2023-03-07 | 4 | $0.04 | 0.08% | 2023-02-22 | 2023-03-08 | 2023-03-29 |
| 2022-11-30 | 4 | $0.04 | 0.1% | 2022-11-16 | 2022-12-01 | 2022-12-22 |
| 2022-09-07 | 4 | $0.04 | 0.09% | 2022-08-24 | 2022-09-08 | 2022-09-29 |
| 2022-06-08 | 4 | $0.04 | 0.1% | 2022-05-25 | 2022-06-09 | 2022-07-01 |
| 2022-03-02 | 4 | $0.04 | 0.06% | 2022-02-16 | 2022-03-03 | 2022-03-24 |
| 2021-12-01 | 4 | $0.04 | 0.05% | 2021-11-17 | 2021-12-02 | 2021-12-23 |
| 2021-08-31 | 4 | $0.04 | 0.08% | 2021-08-18 | 2021-09-01 | 2021-09-23 |
| 2021-06-09 | 4 | $0.16 | 0.1% | 2021-05-26 | 2021-06-10 | 2021-07-01 |
| 2021-03-09 | 4 | $0.16 | 0.11% | 2021-02-24 | 2021-03-10 | 2021-03-31 |
| 2020-12-03 | 4 | $0.16 | 0.12% | 2020-11-18 | 2020-12-04 | 2020-12-29 |
When it comes to dividend yield, NVIDIA falls behind its industry peers, with United Microelectronics UMC boasting a higher annualized dividend yield of 8.48%.
Analyzing NVIDIA Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company experienced a decrease in dividend per share from 2019 to 2022, with the dividend per share decreasing from $0.60 to $0.16. This decline in dividends is concerning for investors and demands further analysis to determine the contributing factors.
YoY Earnings Growth For NVIDIA
The earnings chart illustrates an increase in NVIDIA's earnings per share, from $1.18 in 2019 to $3.77 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
In this article, we explore the recent dividend payout of NVIDIA and its significance for shareholders. The company has decided to distribute a dividend of $0.04 per share today, which equates to an annualized dividend yield of 0.04%.
When it comes to dividend yield, NVIDIA falls behind its industry peers, with United Microelectronics boasting a higher annualized dividend yield of 8.48%.
Considering the decrease in dividend per share from 2019 to 2022 along with an increase in earnings per share, NVIDIA seems to be allocating more profits towards business expansion instead of dividend payments.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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