NVIDIA pays a quarterly dividend. In May 2026, the company raised it from $0.01 to $0.25 per share, making the indicated annual NVIDIA dividend $1.00 per share. That was a 25-fold increase, but NVDA remains primarily a growth stock: at a hypothetical $220 share price, the forward yield is only about 0.45%.
NVIDIA Dividend at a Glance
| Item | 2026 figure | Source / calculation |
|---|---|---|
| Quarterly dividend | $0.25 per share | NVIDIA Q1 FY2027 release |
| Indicated annual dividend | $1.00 per share | $0.25 × four quarters |
| Increase announced | May 20, 2026 | NVIDIA Q1 FY2027 release |
| First record date at new rate | June 4, 2026 | NVIDIA Q1 FY2027 release |
| First payment at new rate | June 26, 2026 | NVIDIA Q1 FY2027 release |
| Previous quarterly rate | $0.01 per share | NVIDIA FY2027 Q1 Form 10-Q |
| Forward yield at $220 | 0.45% | $1.00 ÷ $220; illustrative price |
The board must declare every future payment. NVIDIA states in its Form 10-Q that future dividends remain subject to the board’s judgment, so the $1.00 annual figure is an indicated run rate, not a contractual promise.
What Changed in 2026
NVIDIA announced the new $0.25 quarterly rate alongside its results for the quarter ended April 26, 2026. The same release reported $81.6 billion of quarterly revenue, $58.3 billion of GAAP net income, and about $20.0 billion returned to shareholders through repurchases and cash dividends. Those figures come directly from the company’s May 20 release.
The scale matters. At roughly 24.2 billion shares outstanding, a $0.25 payment costs about $6.1 billion per quarter, or about $24.2 billion annually if the share count and rate remain unchanged. That estimate is our calculation, not company guidance. It compares with the old $0.01 rate, which cost roughly $243 million in the April 2026 quarter according to NVIDIA’s Form 10-Q.
A large percentage increase can still produce a small yield
The jump from $0.01 to $0.25 sounds enormous because the old base was tiny. Yield puts the number in context:
| Assumed NVDA price | Annual dividend | Forward yield |
|---|---|---|
| $180 | $1.00 | 0.56% |
| $220 | $1.00 | 0.45% |
| $260 | $1.00 | 0.38% |
These are arithmetic scenarios, not price forecasts. You can test a different entry price with our dividend calculator, and review why market price changes the percentage in the dividend yield guide.
NVIDIA Dividend History, Adjusted for Stock Splits
NVIDIA began paying a cash dividend in 2012. Comparing old payments without adjusting for splits is misleading because the company completed a 4-for-1 split in 2021 and a 10-for-1 split in 2024.
| Period | Dividend as announced at the time | Split-adjusted equivalent today | What changed |
|---|---|---|---|
| 2012 launch | $0.075 quarterly | about $0.001875 | First regular dividend |
| 2018–2020 | $0.16 quarterly | about $0.004 | Rate held through the pandemic period |
| After 2021 split | $0.04 quarterly | $0.004 after the 2024 split | Same economics after 4-for-1 split |
| June 2024 onward | $0.01 quarterly | $0.01 | 10-for-1 split-adjusted rate |
| June 2026 onward | $0.25 quarterly | $0.25 | New board-approved rate |
The split conversion follows NVIDIA’s official 2024 stock split FAQ. Historical figures are rounded to make different share counts comparable.
What the Dividend Means for an NVDA Shareholder
Consider an illustrative investor who put $10,000 into NVDA at $200 per share in June 2026, receiving 50 shares. Assume the $0.25 quarterly rate stays unchanged and ignore taxes, price moves and reinvestment costs.
“The 25-fold raise grabbed my attention, but the first statement made the scale obvious: 50 shares produced $12.50 for the quarter. I stopped treating NVDA as an income position and tracked the dividend as a capital-allocation signal instead.”
| Holding period | Shares | Cash dividend at $0.25 quarterly | Cumulative cash | Position value at assumed $220 price |
|---|---|---|---|---|
| One quarter | 50 | $12.50 | $12.50 | $11,000 |
| One year | 50 | $50.00 | $50.00 | $11,000 |
| Five years, unchanged rate | 50 | $250.00 | $250.00 | $11,000 |
This is an illustrative scenario, not a reader testimonial or return forecast. Its point is practical: the dividend is now material to NVIDIA’s cash allocation, but it is still modest income for a small shareholder.
Is NVIDIA a Dividend Stock Now?
NVIDIA is a dividend-paying stock, but it is not a conventional high-income stock. Three facts explain the distinction:
- The indicated $1.00 annual payment yields well under 1% at the price examples above.
- NVIDIA approved an additional $80.0 billion share-repurchase authorization in May 2026, much larger than one year of dividends at the new run rate, according to the company release.
- Business results, AI infrastructure demand and valuation still drive the investment case far more than quarterly cash income.
Income investors can compare NVDA with the screening framework in best dividend stocks for beginners or browse the site’s stock research tools. Investors seeking NVIDIA-linked cash flow should also understand that NVDY’s distributions come from an options strategy and are not NVIDIA corporate dividends.
NVIDIA Dividend Questions
Does NVIDIA pay a dividend?
Yes. NVIDIA pays quarterly cash dividends. The company raised the quarterly rate to $0.25 per share in May 2026, implying $1.00 annually if that rate continues for four quarters.
How much is the NVIDIA dividend in 2026?
The board-approved quarterly amount announced in May 2026 was $0.25 per share. The first payment at that rate was scheduled for June 26, 2026 to holders of record on June 4.
What is NVIDIA’s dividend yield?
Yield changes with NVDA’s price. A $1.00 annual dividend equals 0.56% at $180, 0.45% at $220 and 0.38% at $260. Use the current market price when calculating your own figure.
Why did NVIDIA increase its dividend so much?
NVIDIA did not give a single-purpose explanation, but it announced the increase alongside record Q1 FY2027 revenue, $50.3 billion of quarterly operating cash flow and a larger buyback authorization. The inference is that stronger cash generation gave the board room to return more cash while continuing heavy investment.
When does NVIDIA pay dividends?
NVIDIA has generally paid quarterly. Exact record and payment dates are declared with each quarterly result; they should be verified in the latest NVIDIA investor release rather than projected from a fixed calendar.
Is the NVIDIA dividend qualified?
For many U.S. taxpayers, ordinary corporate dividends may qualify for the lower qualified-dividend tax rate when holding-period and account rules are met. Tax treatment depends on the investor, so verify the entry on Form 1099-DIV and consult the IRS dividend guidance.
What to Watch Next
The next useful signals are the board’s quarterly declaration, share-count changes from buybacks, and whether free cash flow keeps covering both reinvestment and shareholder returns. A dividend cut is not indicated by the cited filings, but no corporate dividend is guaranteed.
Use the dividend calculator for your own share count and entry price, then compare the result with the site’s broader dividend strategy guide.
Research note: Henry Zhou checked the cited figures against NVIDIA investor releases and SEC filings before publication.
Last updated: 2026-08-24. This article is for informational purposes only and does not constitute financial advice. Dividends may be reduced or discontinued, and past performance does not guarantee future results. Consult a qualified financial adviser before making investment decisions.