Friday, May 21, 2021 NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.Does Nvidia stock pay dividends?
NVIDIA is still classified as a growth stock, which usually doesn't come with generous dividends. Investors probably don't care that NVIDIA doesn't pay higher dividends, since the stock more than tripled over the past 12 months.Is Nvidia stock splitting?
When a company such as NVIDIA splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers.