Nvidia raised dividend, but yield is still low at 0.03%, trailing competitors

From Morningstar: 2024-06-07 06:14:00

Nvidia has become the world’s second-largest company, valued at over $3 trillion. Despite raising its dividend, the yield remains at 0.03%, below competitors like Alphabet and Meta Platforms. Morningstar metrics for Nvidia include a Fair Value Estimate of $1,050 and a Wide Economic Moat Rating with Very High Uncertainty. Initially, Nvidia offered a 2% yield, but stock growth decreased it to fractions of a percent. Analysts do not expect further dividend increases before 2030.



Read more at Morningstar: Nvidia Raised its Dividend – But There’s a Catch