Nvidia hikes quarterly dividend 2,400% in post‑earnings payout boost

Nvidia said on May 20 it raised its quarterly cash dividend to $0.25 a share from $0.01, a 2,400% increase announced alongside first-quarter fiscal 2027 earnings. The company disclosed the move in its earnings release, which also reported record quarterly revenue of $81.6 billion and an additional $80 billion share repurchase authorization. Nvidia said the dividend will be paid on June 26, 2026, to shareholders of record on June 4, 2026. ### How big is the dividend increase in dollar terms? The new payout is $0.25 per share each quarter, up from $0.01 previously, according to Nvidia’s earnings release. On an annualized basis, that takes the cash dividend to $1.00 per share from $0.04. The 2,400% figure comes from the size of that jump: the new quarterly dividend is 25 times the old one. (investor.nvidia.com) Nvidia described the change as an increase in its “quarterly cash dividend” in the same release that detailed its quarterly financial results. ### Why did Nvidia announce it with earnings? Nvidia paired the dividend increase with a broader shareholder-return update in its first-quarter fiscal 2027 materials. (investor.nvidia.com) The company said it returned about $20 billion to shareholders during the quarter through share repurchases and cash dividends. The May 18 board action also approved an additional $80 billion to Nvidia’s share repurchase authorization, without expiration. (investor.nvidia.com) As of the end of the quarter, Nvidia said it had $38.5 billion remaining under its prior repurchase authorization. ### Does this make Nvidia a dividend stock? Nvidia remains much more reliant on buybacks than dividends as a way of returning cash to shareholders, based on the figures in its release. (nvidianews.nvidia.com) The company’s own disclosure emphasized the scale of repurchases, and the dividend still represents a small cash outlay relative to Nvidia’s revenue and market value. That is an inference from the company’s reported numbers, not a statement Nvidia made explicitly. The earnings release also showed why cash returns drew attention this quarter. Nvidia reported first-quarter revenue of $81.6 billion, up 85% from a year earlier, and forecast second-quarter revenue of about $91 billion. ### What did management say about returning cash? Chief Executive Jensen Huang focused his prepared remarks on AI demand and Nvidia’s platform position, while the release itself set out the shareholder-return details. (investor.nvidia.com) The company said the dividend increase reflected a board-approved change made on May 18. An earnings-call transcript published by The Motley Fool attributed to CFO Colette Kress said, “With confidence in our long term free cash flow outlook, and our commitment to sharing our success with shareholders,” Nvidia was increasing its quarterly dividend. (investor.nvidia.com) That transcript listed the call date as May 20, 2026. ### What should shareholders watch next? June 4, 2026, is the record date for the new dividend, meaning investors must be on Nvidia’s books by that date to receive the payment, the company said. June 26, 2026, is the payment date Nvidia gave for the cash distribution. Nvidia’s next scheduled financial update will come with its second-quarter fiscal 2027 results, after the company guided for about $91 billion in revenue for the quarter. (fool.com) The company’s investor relations site hosts the earnings release, transcript and quarterly filings tied to that outlook. (investor.nvidia.com) (nvidianews.nvidia.com)