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

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. Stockholders 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 dividend yield of 0.0%.

NVIDIA has a dividend payout ratio of 0.7% meaning its dividend is sufficiently covered by earnings. 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 Performance

Shares of NVDA traded down $0.26 during mid-day trading on Wednesday, hitting $181.51. 218,666,389 shares of the company's stock were exchanged, compared to its average volume of 238,683,500. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.43 trillion, a price-to-earnings ratio of 58.55, a price-to-earnings-growth ratio of 1.57 and a beta of 2.14. The stock's 50-day simple moving average is $168.81 and its 200-day simple moving average is $138.11. NVIDIA has a 52 week low of $86.62 and a 52 week high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.01). NVIDIA had a return on equity of 105.09% and a net margin of 51.69%. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts expect that NVIDIA will post 2.77 EPS for the current year.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction on Monday, August 4th. The shares were sold at an average price of $178.06, for a total value of $4,921,578.40. Following the completion of the sale, the chief financial officer directly owned 2,956,876 shares of the company's stock, valued at approximately $526,501,340.56. The trade was a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the transaction, the chief executive officer owned 72,848,225 shares of the company's stock, valued at $13,095,196,926. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,912,440 shares of company stock valued at $902,886,782. Insiders own 4.17% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Cypress Capital Advisors LLC grew its holdings in shares of NVIDIA by 2.4% during the second quarter. Cypress Capital Advisors LLC now owns 3,350 shares of the computer hardware maker's stock valued at $529,000 after buying an additional 77 shares during the last quarter. Tribridge Partners Financial LLC purchased a new position in NVIDIA in the second quarter valued at about $256,000. Barnes Wealth Management Group Inc boosted its stake in NVIDIA by 10.3% in the second quarter. Barnes Wealth Management Group Inc now owns 6,901 shares of the computer hardware maker's stock valued at $1,090,000 after acquiring an additional 647 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in NVIDIA by 5.4% in the second quarter. Orion Porfolio Solutions LLC now owns 1,218,284 shares of the computer hardware maker's stock valued at $192,477,000 after acquiring an additional 62,372 shares during the last quarter. Finally, Munro Partners purchased a new position in NVIDIA in the second quarter valued at about $318,089,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

About NVIDIA

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.