NVIDIA's Reliable Dividend: A Game-Changer for Investors

When it comes to dividend-paying stocks, few companies have gained as much attention as NVIDIA (NVDA) in recent years. The chip manufacturer has been consistently paying dividends since December 2012, and its growth has been nothing short of remarkable. In this article, we'll take a closer look at NVIDIA's reliable dividend and explore what it means for investors.

A Brief History of NVIDIA's Dividend

NVIDIA began paying dividends in December 2012 with a payout of 7.5¢ per share. Since then, the company has increased its dividend every quarter, more than doubling its value over the past six years. In December 2018, NVIDIA announced a dividend of 16¢ per share, a significant increase from the 15¢ it paid in September of that year.

NVIDIA's commitment to paying a regular dividend each quarter is unprecedented in the tech industry. This consistency has made the company a favorite among dividend investors, who appreciate the reliability and growth potential of its payouts.

Recent Financial Performance

NVIDIA's financial performance has been nothing short of spectacular in recent years. In April 2018, the company reported annual revenues of $10.98 billion, more than doubling its revenues from just two years prior. In July 2016, NVIDIA reported annual revenues of $5.439 billion, demonstrating the company's explosive growth potential.

The company's share price has also experienced significant growth, rising from $148.25 on December 11, 2018 to $258.93 on August 9, 2018, a gain of over 74% in just nine months. This performance is not surprising given NVIDIA's dominant position in the tech industry and its innovative products.

Why NVIDIA Is a Hot Choice for Investors

NVIDIA's reliable dividend yield, combined with its explosive stock price growth, makes it an attractive choice for income and growth investors alike. The company's commitment to paying dividends each quarter provides a regular source of income, while its strong financial performance and growing revenues offer significant potential for capital appreciation.

In conclusion, NVIDIA's reliable dividend is a game-changer for investors seeking a combination of income and growth from their investments. With its consistent payout history and explosive stock price growth, the company is an attractive choice for those looking to generate returns in the tech industry.

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