Nvidia Returns Record $26 Billion, Raises Dividend 2,400%
Nvidia more than doubled revenue and operating income year over year while keeping a 75% gross margin, even as operating expenses rose 55%. It returned $26 billion to shareholders, including a jump in its quarterly dividend to $0.25 per share from $0.01. The company says Rubin is set to drive about 20% of data center revenue and targets 70% FY2028 growth.
Coverage (2)
- Nvidia Just Returned a Record $26 Billion to Shareholders After Increasing Its Dividend by 2,400%. I Predict Another Massive Dividend Increase. (fool.com)
- Nvidia Just Returned a Record $26 Billion to Shareholders After Increasing Its Dividend by 2,400%. I Predict Another Massive Dividend Increase. (finance.yahoo.com)