NVIDIA Increases Quarterly Dividend 150% To $0.01 per share on a post-split basis
Portfolio Pulse from Benzinga Newsdesk
NVIDIA has announced a 150% increase in its quarterly dividend, raising it to $0.01 per share.
May 22, 2024 | 8:21 pm
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POSITIVE IMPACT
NVIDIA has announced a 150% increase in its quarterly dividend, raising it to $0.01 per share. This move may attract income-focused investors and could positively impact the stock price in the short term.
The significant increase in the dividend, although the absolute amount remains small, signals confidence from NVIDIA's management in the company's financial health. This could attract income-focused investors and provide a short-term boost to the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100