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.
A sharp divide is emerging between global banking authorities and crypto industry leaders over the future of digital finance.
Anthony Pompliano has voiced strong opposition to Donald Trump’s recent push to remove Federal Reserve Chair Jerome Powell, warning that such a move could damage the credibility of the U.S. financial system.
As Washington pulls back on its crypto enforcement, Oregon is stepping up.
In a move that underscores its ambition to bridge crypto and traditional finance, Ripple is expanding the role of its newly acquired prime brokerage platform, Hidden Road.