NVIDIA Corporation to Issue Quarterly Dividend of $0.01 (NASDAQ:NVDA)

Key Points

• NVIDIA Corporation declared a quarterly dividend of $0.01 per share, to be paid on October 2nd to stockholders of record as of September 11th.
• The company's dividend payout ratio stands at 0.7%, indicating strong earnings coverage for the dividend amidst expected future growth.
• NVIDIA shares saw a trading decline to $181.51, with a market capitalization of $4.43 trillion and a 52-week high of $184.48.

NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) declared a quarterly dividend on Wednesday, August 27th, RTT News reports. Shareholders of record on Thursday, September 11th will be paid a dividend of 0.01 per share by the computer hardware maker on Thursday, October 2nd. This represents a c) annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th.

NVIDIA has a dividend payout ratio of 0.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect NVIDIA to earn $3.98 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 1.0%.

NVIDIA Stock Down 3.3%

NVIDIA stock traded down $5.99 during trading hours on Friday, hitting $174.18. The stock had a trading volume of 242,604,296 shares, compared to its average volume of 168,293,824. The company has a quick ratio of 2.96, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $4.23 trillion, a P/E ratio of 49.62, a price-to-earnings-growth ratio of 1.52 and a beta of 2.14. NVIDIA has a 12-month low of $86.62 and a 12-month high of $184.48. The stock's 50-day moving average price is $170.83 and its 200-day moving average price is $139.08.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA will post 2.77 EPS for the current fiscal year.

NVIDIA Company Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.