
The recent $2 billion buyback at these high valuation levels is questionable. After spending $2 billion to repurchase shares in the recent quarter, they currently have another $5 billion left on their share repurchase authorization through the end of December 2022. Since August 2004, management has spent over $7 billion repurchasing shares. The total spent on dividends last year was $399 million, but Nvidia has spent far more on share repurchases. Nvidia can certainly afford to double its payout to at least 10%. NVDA Cash Dividend Payout Ratio data by YCharts. Please refer to the last column "Forex Rate" in the above table.But over the last five years, Nvidia's free cash flow has increased more than 400%, while the dividend has only increased 25%. Other companies that design or manufacture chips, such as Apple, Intel, and Broadcom, pay out anywhere from 14% to 58% of their free cash flow in dividends. These companies face just as much competition for their products, yet they far outspend Nvidia in returning cash to shareholders through dividends. * GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. * GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter. NVIDIA Recent Full-Year* Dividend History Amount Dividend Yield % measures how much a company pays out in dividends each year relative to its share price. Payments to Suppliers for Goods and Servicesĭuring the past 13 years, the highest Dividend Payout Ratio of NVIDIA was 0.42.Other Cash Receipts from Operating Activities.Other Cash Payments from Operating Activities.Cash Received from Insurance Activities.Cash Receipts from Securities Related Activities.Cash Receipts from Operating Activities.

Cash Receipts from Fees and Commissions.Cash Receipts from Deposits by Banks and Customers.Cash Payments for Deposits by Banks and Customers.Cash from Discontinued Operating Activities.Cash From Discontinued Investing Activities.Short-Term Debt & Capital Lease Obligation.Other Liabilities for Insurance Companies.Long-Term Debt & Capital Lease Obligation.Inventories, Raw Materials & Components.



