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NVIDIA Reports Earnings Beat, Authorizes 1.5% Stock Buybacks, Announces Dividend

NVIDIA logoNVIDIA
Sig1.31Sen+0.91Env0.00Soc0.00Gov-0.30

Blackhawk Capital Partners’ NVIDIA stake was worth $11,246,000 at the end of the latest quarter. NVIDIA posted $2.22 EPS, beating consensus of $2.09, and authorized open-market purchases up to 1.5% of stock. The company also disclosed a dividend to be paid Oct. 1, with a 12.64% payout ratio. Insiders sold 1,563,501 shares worth $335.4M over 90 days.

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