NVDA Dividend Calculator
Dividend growth rate (CAGR)
| Year | Start Balance | Start Shares | Share Price | Dividend / Share | Dividend Yield | Yield on Cost | Annual Dividend | Total Dividends | End Shares | End Balance |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $10,000 | 47.93 | $342.69 | $1.00 | 0.29% | 0.43% | $53.27 | $53.27 | 57.00 | $19,533 |
| 2 | $19,533 | 57.00 | $562.87 | $1.20 | 0.21% | 0.49% | $72.44 | $125.70 | 62.56 | $35,215 |
| 3 | $35,215 | 62.56 | $924.51 | $1.44 | 0.16% | 0.54% | $93.24 | $218.94 | 65.98 | $60,997 |
| 4 | $60,997 | 65.98 | $1,519 | $1.74 | 0.11% | 0.59% | $116.59 | $335.53 | 68.07 | $103,372 |
| 5 | $103,372 | 68.07 | $2,494 | $2.08 | 0.08% | 0.65% | $143.43 | $478.96 | 69.36 | $173,007 |
| 6 | $173,007 | 69.36 | $4,097 | $2.50 | 0.06% | 0.72% | $174.79 | $653.75 | 70.16 | $287,420 |
| 7 | $287,420 | 70.16 | $6,729 | $3.01 | 0.04% | 0.79% | $211.80 | $865.55 | 70.65 | $475,389 |
| 8 | $475,389 | 70.65 | $11,052 | $3.61 | 0.03% | 0.88% | $255.78 | $1,121 | 70.95 | $784,181 |
| 9 | $784,181 | 70.95 | $18,153 | $4.34 | 0.02% | 0.98% | $308.25 | $1,430 | 71.14 | $1,291,436 |
| 10 | $1,291,436 | 71.14 | $29,816 | $5.21 | 0.02% | 1.09% | $371.01 | $1,801 | 71.26 | $2,124,679 |
S&P 500 is included only as a total-portfolio-value reference — it isn't the most meaningful benchmark for income-focused strategies. The 10% baseline reflects the index's long-term nominal total return (price + dividends), a reference rather than a forecast.
Historical dividends per share
Price-led pattern. NVDA's 5-year share-price CAGR is 64.25%/yr, well above its 0.02% dividend yield. The bulk of return here is capital appreciation; dividends are a side-effect, not the story.
Yield-on-cost stays low even after years of holding. Reinvested dividends compound slowly relative to price growth.
Based on dividends paid November 2012 to June 2026.
Recent dividends
| Ex-date | Cash amount | TTM yield | Fwd yield | Share price |
|---|---|---|---|---|
| 2026-06-04 | $0.25 | 0.13% | 0.46% | $218.66 |
| 2026-03-11 | $0.01 | 0.02% | 0.02% | $186.03 |
| 2025-12-04 | $0.01 | 0.02% | 0.02% | $183.38 |
| 2025-09-11 | $0.01 | 0.02% | 0.02% | $177.17 |
| 2025-06-11 | $0.01 | 0.03% | 0.03% | $142.83 |
| 2025-03-12 | $0.01 | 0.03% | 0.03% | $115.74 |
| 2024-12-05 | $0.01 | 0.02% | 0.03% | $145.06 |
| 2024-09-12 | $0.01 | 0.02% | 0.03% | $119.14 |
| 2024-06-11 | $0.01 | 0.02% | 0.03% | $120.91 |
| 2024-03-05 | $0 | 0.02% | 0.02% | $85.96 |
| 2023-12-05 | $0 | 0.03% | 0.03% | $46.57 |
| 2023-09-06 | $0 | 0.03% | 0.03% | $47.06 |
Source: Polygon.io. Last 12 dividend distributions, most recent first. TTM yield = sum of this payment + (frequency − 1) prior payments ÷ share price on ex-date. Forward yield = this payment × detected payout frequency ÷ share price on ex-date.
About NVDA
NVIDIA Corporation — ticker NVDA — is the dominant supplier of graphics processing units and the central hardware vendor of the AI infrastructure build-out that began accelerating in late 2022. The company has paid a quarterly cash dividend continuously since November 2012, but the dividend has always been a token line item relative to total return. Across the 2012-to-present holding period, the per-share dividend has grown meaningfully on a split-adjusted basis — share price has grown far more. Investors who research NVDA's dividend almost universally arrive at the page because of a recent event, not because of an income thesis.
Three structural events define the NVDA dividend record. The first is the 10-for-1 forward stock split executed on June 10, 2024, the largest single split in the company's history. Prior to that split, NVDA had paid $0.04 per share quarterly; after the split, the dividend was rebased to $0.01 per share quarterly — which in pre-split terms is $0.10 quarterly, a 150% increase from the prior $0.04 level. This is the change that drove the wave of "nvda dividend increase" searches through the second half of 2024 and into 2025. The second event is the cumulative split history itself: NVDA has executed forward splits in 2006 (2:1), 2007 (3:2), 2021 (4:1), and 2024 (10:1), producing a cumulative factor of 120 from the original 1999 IPO share. Per-share dividend amounts in old SEC filings appear orders of magnitude larger than current quoted figures because of this — any per-share comparison against pre-2024 amounts requires explicit split adjustment to be meaningful. The third event, more recent, is a step change at the June 2026 ex-date to a $0.25 per share quarterly distribution, well above the $0.01 baseline that had held since the post-2024-split rebase. The Recent dividends table on this page surfaces that step honestly; the live data strip applies the calculator's standard outlier filter and reports the conservative pre-step baseline yield of approximately 0.02%. Investors evaluating NVDA's dividend forward should weight both readings — the conservative baseline and the recent step — until two or three more quarters establish whether the higher rate is the new normal.
The forward yield on NVDA at any reasonable price is structurally tiny because NVIDIA's capital-allocation policy has consistently prioritized R&D reinvestment, large-scale share repurchases, and acquisition spending over dividend distributions. The current share price near $209 against the conservative $0.04 annualized baseline produces a yield in the low single basis points. Even at the recent $0.25 quarterly rate — implying $1.00 annualized — the forward yield is approximately 0.48%, still well below the broader S&P 500 yield and well below any equity that an income investor would buy for cash flow. The dividend line on NVDA exists; it is not a meaningful part of the total-return story for any plausible holding period.
What is meaningful is the share-price growth context. NVDA's measured five-year share-price CAGR is approximately 64% annualized, driven primarily by the post-2022 AI infrastructure rally. The measured five-year dividend growth rate is approximately 20% annualized — substantial in percentage terms but on a base so small that the dollar amount remains rounding-error relative to capital appreciation. Investors who use the calculator on this page should treat the dividend projection as a curiosity rather than a planning input; the price-growth tail dominates the projection table by orders of magnitude.
How NVDA pays distributions
NVDA distributes quarterly. Ex-dividend dates land in the second or third week of March, June, September, and December, with the pay date approximately one to two weeks after the ex-date. The cadence has been stable across the entire 2012-to-present dividend history. The split-adjusted per-share amount has stepped up at intervals — November 2014, August 2016, and August 2018 each produced organic increases, the June 2024 split-and-rebase produced the 150% step described above, and the June 2026 ex-date produced the apparent further step to $0.25. The Recent dividends table on this page reflects the actual ex-date series after applying split adjustment to all historical rows.
Distributions from NVDA are qualified dividends for tax purposes. NVIDIA is a US-domiciled C-corporation paying out of earnings to retail shareholders who meet the holding-period requirement — more than 60 days during the 121-day window centered on the ex-date — so the long-term capital gains bracket applies in the tax calculator rather than the ordinary-income bracket. The structural advantage is real but small in absolute dollars given the low base yield; for most positions sized to a typical retail portfolio, the after-tax dividend stream sits in the low-double-digit dollar range annually even on substantial dollar exposure. The tax treatment matters more when the position is held inside a taxable account for many years and the cumulative share-count growth from DRIP becomes large.
DRIP enrollment works the same way as for any large-cap US stock. Most brokers reinvest the cash distribution into fractional shares at the closing price near the pay date. At the conservative $0.04 annualized baseline, the DRIP contribution to share count on a $10,000 NVDA position is approximately 0.02 share per year — small enough to be functionally invisible at the one-year horizon. Over multi-decade horizons the compounding effect remains modest unless the dividend rate steps up materially from the current levels. The calculator includes DRIP by default because the buy-and-hold use case is the dominant one for NVDA, but users who want to model the position with cash distributions paid out — perhaps as a small supplement to an income line elsewhere — can toggle DRIP off in the form above.
Who NVDA suits
The single sentence that defines the NVDA user is: if you are running a dividend calculator on NVDA, you are almost certainly thinking about the dividend as a secondary feature of a position you would hold for AI-infrastructure exposure, share-price compounding, or some combination of the two. NVDA is not a dividend stock in any traditional sense — the yield is too small, the dividend's contribution to total return is too modest, and the underlying business is reinvestment-driven rather than payout-driven. The calculator on this page is most useful for understanding what the dividend stream actually looks like in dollar terms once you account for the share count you would hold and the cadence at which DRIP reinvests.
NVDA suits investors who have already decided to hold the stock for non-income reasons and want to size the income line for completeness — for example, an investor running a taxable-account total-return projection who needs to know roughly how much annual tax liability the dividend will generate, or an investor running a long-horizon retirement projection who is curious whether the dividend grows into a meaningful supplement at the back end of the projection. For both of these uses, the projection table answers the question cleanly even though the absolute dollar figures involved are small.
NVDA is explicitly not suitable as a substitute for a dividend ETF or for an individual high-yield holding. Investors seeking current income from a megacap technology position would be better served by JEPI or JEPQ, which use covered-call strategies to generate option-premium income from large-cap technology exposure while accepting capped upside; or by SCHD, which screens for higher-yielding US large-caps with a quality and dividend-growth tilt. NVDA's dividend exists, but it is not the reason to hold the position and should not be modeled as the reason to hold the position. Investors who hold NVDA primarily for the AI thesis and want a small income overlay alongside it sometimes pair the position with a higher-yielding sleeve in a separate ledger.
The 2026 dividend step described above bears watching. If the $0.25 quarterly rate persists across the next two or three ex-dates, the conservative filter on this page will begin to accept the higher amount as the baseline and the displayed forward yield will rerate from approximately 0.02% to approximately 0.48%. Until that happens, the calculator's default projection uses the conservative baseline, and users who want to model the higher rate explicitly can override the starting yield in the form above. The DRIP and contribution math respond linearly to the change.
Hypothetical scenarios
Three projection scenarios
NVDA has a clean fourteen-year dividend history since November 2012 and a measured five-year dividend growth rate of approximately 20% annualized on a split-adjusted basis. The base case below uses calculator defaults; the alternative scenarios explore what happens if the recent June 2026 step to $0.25 quarterly persists, and what happens if total return moderates from the post-2022 AI-rally regime. All scenarios use $10,000 as the starting investment, $200 monthly contributions, and DRIP enabled.
Base case: calculator default settings
The base case projects per-share dividend growth at the measured trailing five-year rate of approximately 20% annualized and per-share price growth at approximately 64% annualized. The yield starts at the conservative filtered baseline of approximately 0.02% — the calculator's outlier filter holds the recent $0.25 ex-date out of the trailing window until additional quarters establish that the higher amount is the new baseline. Under these inputs, the dividend stream remains small in nominal terms across the projection horizon, but the share-price growth tail produces a portfolio value at year five that is dominated entirely by capital appreciation. At 10 years and 25 years the dividend line catches up modestly through the high DGR, but the price-growth contribution remains the dominant component of total return at every horizon.
These numbers are mathematically correct given the inputs and they reflect the actual measured rates of the past five years. They are not a forecast. The 64% trailing share-price CAGR reflects a particularly favorable regime for NVDA — the post-2022 AI infrastructure build-out drove unprecedented demand for the company's data-center products, and forward returns at that rate are not a reasonable base case for a multi-decade hold. Users should treat the base case as the upper edge of a plausible range rather than the center of it.
Dividend-step persistence: 0.48% yield, 20% DGR
The dividend-step scenario explicitly assumes the June 2026 step to $0.25 quarterly persists, producing an annualized yield of approximately 0.48% at the current share price. The same 20% DGR is applied on top, reflecting the trailing five-year rate. The share-price growth rate is retained at approximately 64% annualized to isolate the dividend-step variable from the regime question.
Compared to the base case, this scenario produces a meaningfully higher dividend stream at every horizon, with the gap widening over time because the DGR compounds on a larger base. At 5 years the difference is visible but small relative to the portfolio total; at 25 years the difference is large in absolute dollar terms but still small relative to the price-growth-driven portfolio value. This scenario is the natural one to run if the 2026 step is being read as the start of a new capital-return phase for NVIDIA, perhaps tied to the company's accumulated cash position. Users who hold this view can override the starting yield in the form above to model it explicitly.
Moderated growth: 8% DGR, 12% SPG
The moderated-growth scenario applies a measurably lower dividend growth rate and a meaningfully lower share-price growth rate, reflecting a world where the AI infrastructure cycle normalizes and NVDA's earnings growth converges toward broader large-cap technology rates. An 8% DGR is closer to the long-run S&P 500 dividend growth rate. A 12% SPG is closer to a long-run large-cap-growth expectation than to the post-2022 NVDA realized rate.
Compared to the base case, the moderated-growth scenario produces a substantially lower terminal portfolio value at every horizon, especially at 25 years where the compounding gap widens dramatically. The dividend income line is also lower because the DGR is lower, though the share-count growth from DRIP and contributions partially offsets the gap. This scenario is the most honest planning baseline if NVDA is being held as a long-horizon position and the holder is unwilling to underwrite a continuation of the AI-rally regime. Investors who want a conservative floor for retirement planning purposes should weight this scenario more heavily than the base case.
Limits of these projections
The calculator provides a clean, smooth projection — but NVDA's actual behavior is regime-dependent and concentration-sensitive in ways the projection does not model. Four structural limits are worth keeping in mind before relying on any long-horizon output.
Trailing 5-year SPG is regime-dependent
NVDA's measured five-year share-price CAGR of approximately 64% is among the highest sustained rates in the S&P 500 and reflects the post-2022 AI infrastructure cycle being concentrated in the company's data-center segment. This rate is not a structural property of NVIDIA's business model; it is a snapshot of an exceptionally favorable five-year window. Forward returns from current levels depend on AI capex sustaining, on competition from AMD, Intel, and custom-silicon programs at major cloud providers staying weaker than current consensus, and on NVIDIA's ability to maintain pricing power as the data-center buildout matures. Run the moderated-growth scenario above to size the sensitivity.
Trailing 5-year DGR is too high a base rate
NVDA's measured five-year dividend growth rate of approximately 20% reflects two split-adjusted step changes — the August 2018 organic increase and the June 2024 split-and-rebase — embedded in a five-year window where the actual quarterly amounts were tiny in dollar terms. A 20% DGR sustained over multi-decade horizons on a growing base is not what the prior fourteen-year record actually shows; it is an artifact of the measurement window. Investors should treat the base-case DGR as the upper end of a plausible range, and run the moderated-growth scenario to model a lower assumption.
Single-stock concentration risk is not modeled
The calculator treats NVDA as a smooth, continuous compounding stream, but single-stock positions concentrate idiosyncratic risk that diversified products like SCHD or VOO do not. A regulatory action, a technological displacement event, a major product miss, or a sharp competitive shift can produce a 30-50% drawdown in NVDA that the calculator's projection has no way to anticipate. Investors using NVDA as a substantial portion of an equity allocation rather than as a satellite holding should weight this risk explicitly in their planning, perhaps by stress-testing the moderated-growth scenario against a one-time price reset partway through the projection horizon.
Conservative baseline yield may understate forward income
The current displayed forward yield of approximately 0.02% reflects the calculator's outlier filter holding the recent $0.25 ex-date out of the trailing window. If the higher amount persists across the next two or three ex-dates, the displayed forward yield will rerate upward — at the current share price, a sustained $0.25 quarterly rate corresponds to approximately 0.48% forward yield. Users who hold the view that the June 2026 step is the new baseline should override the starting yield in the form above to model that scenario explicitly. The base case in the projection table uses the conservative reading until the data confirms otherwise.
Compare NVDA with another ticker
Sources & methodology
Dividend history and price data come from Polygon.io's reference and aggregates endpoints. Forward yield is computed as the sum of the most recent four cash distributions divided by the previous-close share price. The dividend growth rate shown on this page is the compound annual growth rate of total annual distributions across the available history in this snapshot.
Last updated: 2026-06-09.
Information here is for educational purposes only and does not constitute investment advice. Past dividend history does not guarantee future payments. Verify all figures with the issuer or a registered financial advisor before making investment decisions.
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