NVIDIA Corporation (NASDAQ:NVDA) will begin trading ex-dividend on December 3, 2020. The quarterly dividend payment of $ 0.16 per share is scheduled to be paid on December 29, 2020. The dividend yield based on the latest trading day closing price was 0.12 percent. Shareholders who purchased NVDA shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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NVIDIA Corporation recently reported third quarter financial results on November 18, 2020, after market close, the Santa Clara based company disclosed income for the third quarter of $ 2.91 per share, from the revenue of $ 4,726.00 million. The quarterly earnings grew 63.48 percent while revenues developed 56.80 percent compared with the same quarter last year.
Street analysts expected NVIDIA Corporation recently reported third quarter financial results on November 18, 2020, after market close, the Santa Clara based company to report income of $ 2.57 per share on revenue of $ 4414.44 million for the third quarter. The bottom line results beat street analysts by $ 0.34 or 13.23 percent, at the same time, top line results outshined analysts by $ 311.56 million or 7.06 percent.
Stock Performance
Shares of NVIDIA Corporation traded low $ -0.46 or -0.09 percent on Tuesday, reaching $ 535.60 with volume of 7.15 million shares. NVIDIA Corporation has traded high as $ 541.05 and has cracked $ 529.24 on the downward trend
According to the previous trading day, closing price of $ 535.60, representing a 196.69 % increase from the 52 week low of $ 180.68 and a 9 % decrease over the 52 week high of $ 589.07.
The company has a market capital of $ 331.54 billion and is part of the Technology sector and Semiconductors industry.
NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming and mainstream PCs; GeForce NOW for cloud-based game-streaming service; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for artificial intelligence (AI) utilizing deep learning, accelerated computing, and general purpose computing; GRID, which provides power of NVIDIA graphics through the cloud and datacenters; DGX for AI scientists, researchers, and developers; and cryptocurrency-specific graphics processing units.
