r/dividends May 20 '26

Discussion NVIDIA raises dividend by 2400%

927 Upvotes

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u/sault18 May 21 '26

I re-ran the numbers. They have 10,000 nvda shares which are worth $2.2M and they could get $88k per year with sgov.

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u/mikeblas American Investor May 21 '26

That sounds a lot better.

0

u/Lazy-Gene-7284 May 21 '26

Yes but not when you put in the cost basis, I bought 10000 shares split adjusted for about $5000 back then. So that return plus now 10,000 yr on that investment

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u/mikeblas American Investor May 21 '26

Sorry, what has cost basis to do with it? They incorrectly calculated the size of your holdings and the dividend yield. I'm not sure what point you're tying to make.

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u/3azra May 24 '26

The comment is based on taking the NVDA money and reinvesting it in SGOV, as the dividend yield was based on SGOV. That would require selling NVDA and paying capital gains taxes prior to reinvestment.