Home » Others » Is Nvidia a Good Opportunity for Divident Investors?

Is Nvidia a Good Opportunity for Divident Investors?

10.10.2024 13:00 1 min. read Alexander Zdravkov
SHARE: SHARES
Is Nvidia a Good Opportunity for Divident Investors?

Nvidia continues to be a significant growth player in tech, recently announcing a quarterly dividend of $0.010 per share, with a record date of September 12.

As of now, shares are priced at $132.63, reflecting a 7.51% weekly increase and an impressive 179.05% gain year-to-date.

A $1,000 investment would purchase seven shares for about $928, yielding an annual payout of roughly $0.28—far less than competitors like Qualcomm ($0.85) and Broadcom ($0.53). Unlike these established firms, Nvidia and AMD (NASDAQ: AMD) are heavily invested in high-growth sectors like AI, limiting their dividends.

Despite the modest dividend, Nvidia can still enhance a diversified portfolio. Currently rated as a ‘Strong Buy’ by 65 analysts, with a 12-month target of $149.54, Nvidia presents a potential 12.53% upside.

If AI bubble fears do not materialize, demand for Nvidia’s innovations could sustain stock price increases. For income investors, Nvidia offers a chance to capitalize on growth, allowing them to reinvest gains into more stable assets like blue-chip stocks.

Source

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

Telegram

SHARE: SHARES
More Others News
No Comments yet!

Your Email address will not be published.