NVIDIA Corporation (NASDAQ:NVDA) Declares $0.25 Quarterly Dividend

NVIDIA Corporation (NASDAQ:NVDA) announced a quarterly dividend on Wednesday, August 26th. Stockholders of record on Thursday, September 10th will be paid a dividend of 0.25 per share by the computer hardware maker on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, September 10th.

NVIDIA has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 1 years. NVIDIA has a payout ratio of 17.5% meaning its dividend is sufficiently covered by earnings. Analysts expect NVIDIA to earn $12.59 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 7.9%.

NVIDIA Trading Down 1.6%

Shares of NVDA stock opened at $209.66 on Thursday. NVIDIA has a twelve month low of $164.07 and a twelve month high of $236.54. The company has a market capitalization of $5.07 trillion, a price-to-earnings ratio of 32.11, a PEG ratio of 0.42 and a beta of 2.23. The firm has a 50-day moving average price of $207.61 and a 200 day moving average price of $200.35. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same quarter in the previous year, the business posted $1.05 earnings per share. The company’s revenue was up 105.9% on a year-over-year basis. Research analysts forecast that NVIDIA will post 8.8 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the sale, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. The trade was a 11.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,900,500 shares of company stock valued at $410,449,265 in the last three months. Insiders own 3.94% of the company’s stock.

Institutional Investors Weigh In On NVIDIA

Institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC grew its stake in NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after buying an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG grew its position in shares of NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after acquiring an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE increased its holdings in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after acquiring an additional 3,653 shares during the period. Hudson Value Partners LLC boosted its stake in NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after purchasing an additional 11,900 shares during the period. Finally, Wealth Group Ltd. grew its position in NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after purchasing an additional 896 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

About NVIDIA

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.