Nvidia (NASDAQ: NVDA) is the world's leading provider of advanced processors for artificial intelligence (AI) and data center applications. Strong demand for its graphics processing units (GPUs) has helped boost its share price massively in the past couple of years, including a gain of roughly 156% so far across 2024's trading.

With a market capitalization of roughly $3.12 trillion as of this writing, it's also the world's second-largest company -- trailing behind only . And with Nvidia stock delivering such impressive share price gains, it's easy to overlook that it also pays a dividend.

The fact that Nvidia receives little attention as a dividend stock isn't surprising. The company's quarterly payout is just $0.01 per share, or $0.04 on an annual basis. Based on its current stock price, that works out to a yield of just 0.03%.

Continue reading

Source Fool.com