Growing Earnings, Ensuring Investor Value: NVIDIA Adjusts Dividends with Consistent Growth
Portfolio Pulse from Benzinga Insights
NVIDIA (NASDAQ:NVDA) will pay a dividend of $0.04 per share on September 28, 2023, with an annualized dividend yield of 0.04%. The company's dividend per share decreased from $0.60 in 2019 to $0.16 in 2022, while earnings per share increased from $1.18 in 2019 to $3.77 in 2022. United Microelectronics (NYSE:UMC) has a higher annualized dividend yield of 8.48%.
September 28, 2023 | 3:05 pm
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NEUTRAL IMPACT
NVIDIA's dividend per share has decreased while its earnings per share have increased, suggesting a shift in profit allocation towards business expansion.
While NVIDIA's dividend per share has decreased, its earnings per share have increased, indicating that the company may be allocating more of its profits towards business expansion rather than dividend payments. This could potentially impact the stock's attractiveness to income-seeking investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
United Microelectronics has a higher annualized dividend yield than NVIDIA.
United Microelectronics is mentioned as having a higher annualized dividend yield than NVIDIA, which could make it more attractive to income-seeking investors. However, the impact of this news on UMC's stock price is uncertain as the news is predominantly about NVIDIA.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50