NVIDIA Dividend Payout Date 2024: All You Need to Know

NVIDIA (NVDA), a leading semiconductor company, has a long history of rewarding its shareholders with dividends. In 2023, the company announced a quarterly dividend of $0.46 per share, representing a 13% increase from the previous dividend of $0.41 per share. This dividend was paid on March 8, 2023, to shareholders of record as of February 8, 2023.

NVIDIA Dividend Payout Date 2024

NVIDIA has not yet announced the dividend payout date for 2024. However, based on the company's previous dividend payment schedule, it is likely that the dividend will be paid in March 2024. The exact date will be announced by the company in early 2024.

NVIDIA Dividend History

NVIDIA has a long history of paying dividends to its shareholders. The company has paid dividends every year since 2007, and the dividend has increased every year since 2010. The following table shows NVIDIA's dividend history since 2019:

NVIDIA Dividend Yield

The dividend yield is a measure of the annual return on investment that an investor can expect from a dividend-paying stock. The dividend yield is calculated by dividing the annual dividend per share by the current stock price.

As of March 8, 2023, NVIDIA's stock price was $235.25. This means that the dividend yield for NVIDIA is currently 0.79%.

NVIDIA Dividend Policy

NVIDIA's dividend policy is to pay a quarterly dividend that is sustainable and consistent with the company's long-term growth objectives. The company's dividend payout ratio is currently around 30%, which means that NVIDIA is paying out approximately 30% of its earnings to shareholders in the form of dividends.

Is NVIDIA a Good Dividend Stock?

NVIDIA is a good dividend stock for investors who are looking for a company with a long history of paying dividends and a commitment to increasing its dividend over time. The company's dividend yield is currently around 0.79%, which is below the average yield for the S&P 500 index. However, NVIDIA's dividend is growing at a faster rate than the S&P 500 index, which makes it a more attractive option for investors who are looking for dividend growth.

Conclusion

NVIDIA is a leading semiconductor company with a long history of paying dividends to its shareholders. The company's dividend is growing at a faster rate than the S&P 500 index, which makes it a more attractive option for investors who are looking for dividend growth.