Nvidia Has Returned $46 Billion to Shareholders This Year, and Another Major Dividend Hike Could Be Coming
The chipmaker is making more money than it could possibly put to work right now.
Nvidia, the world's most valuable company with a market capitalization surpassing $5.1 trillion as of September 15, has begun returning substantial sums to shareholders following years of reinvestment in growth. In the first two quarters of its current fiscal year, the company has distributed around $46 billion to investors via dividends and stock buybacks, with more likely in the pipeline.
Nvidia initiated its dividend payouts in November 2012, commencing with a modest quarterly dividend of $0.001875 per share. The initial stock splits in 2021 (4-for-1) and 2024 (10-for-1) have significantly increased the per-share dividend to its current level of $0.25 per share, a 2,400% hike from the $0.01 per share paid in the past.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
