NVDA Raises Quarterly Dividend to $0.01 Per Share, Up from $0.0004
What happened
Nvidia declared a quarterly cash dividend of $0.01 per share, representing a roughly 2,500% increase from its prior payout of $0.0004 per share. The adjustment follows Nvidia's 10-for-1 stock split completed in June 2024, which had mechanically reduced the per-share dividend figure. At current share prices, the new dividend yields well under 0.1% annually, making it largely symbolic relative to Nvidia's market capitalization. The board announced the dividend as part of its standard capital return program.
The QL Read
QuantLogix composite sits at 59/100 (bullish-leaning) against a session decline of 6.69% to $205.10. The next data point to watch: whether price stabilizes at current levels or composite momentum degrades further toward the 50 neutral threshold.