Nvidia Is Going To Have To Do An Apple On Dividends, Says Jim Cramer: Sounds 'Boring' But It Works - NVID

CNBC semiconductor correspondent Kristina Partsinevelos argued mega-cap firms like Nvidia Corp (NASDAQ:NVDA) are great for investors seeking growth rather than income, as the AI chipmaker’s new dividend payout still reflects lower yields.

The chipmaker lifted its quarterly dividend to $0.25 from $0.01 after reporting blockbuster first-quarter earnings this week. The company will pay the new dividends starting with the June 26 payout.

Nvidia Still Yields Lower

In a post on X, Partsinevelos said Thursday, "Nvidia’s new $1.00 annual dividend now sits right next to Apple ($1.08) and above Alphabet ($0.88) in the mega cap payouts. Even after the jump from $0.04, NVDA’s yield is just 0.45%."

She emphasized, "Mega cap investors aren’t here for income, they’re here for growth."