Nvidia (NVDA) is printing profits and free cash flow on a scale almost without precedent, yet its dividend has gone nowhere. On Aug. 26, the company reported second-quarter revenue of $96.2 billion, more than double a year earlier, with data-center sales surging 117% year-over-year (YOY) to $89 billion. Those numbers leave little doubt as to whether Nvidia could afford to pay shareholders more.
Despite that capacity, the board left the quarterly dividend unchanged at $0.25 per share. The payout sits exactly where it landed after a dramatic step-up earlier this year, when Nvidia lifted its quarterly dividend from a token $0.01 to $0.25 in May 2026, a 2,400% increase.
