Nvidia Announces Record Capital Return and Substantial Dividend Increase
Nvidia reported strong earnings with a significant increase in free cash flow, leading the company to announce a 25-fold dividend hike from $0.01 per share to $0.25 annually ($1.00). Additionally, it authorized an extra $80 billion for stock buybacks, bringing total repurchase capacity near $120 billion.
Tickers: $NVDA
Topics: dividend_increase free_cash_flow share_repurchase_authorization