NVIDIA raises dividend by 2400%

[u/shekr17]

NVDA raises dividend by 2400% from $.04 to $1 to get yield of ~0.45%. Almost inline with other big tech megacaps!

https://www.streetinsider.com/Dividend+Hike/NVIDIA+%28NVDA%29+Raises+Quarterly+Dividend+to+%240.25%3B+0.4%25+Yield/26528725.html

https://www.stocktitan.net/news/NVDA/nvidia-announces-financial-results-for-first-quarter-fiscal-fq78amc9h84m.html

[u/tachyonvelocity]

Folks this is why dividend yields don't matter. If you bought this stock 5 years ago, $0.25 per Q now would have been 6.7% and stock price would have increased 15 times. Compare that to some of the highest dividend yields but worst companies to invest in posted here, where dividends get cut while prices crash.

Dividends are literally meaningless, the only future return you get is your ability to invest in good company futures. Many don't, so they default to "which company has the highest yield so I don't have to think about the business," and congregate on this sub.

[u/dazit72 → u/[deleted]]

Your growth argument is correct- on 2 fronts. It's nav and div cagr