2 Regional Banks With Sector-Beating Price Performance.Could the Crash of the Pound Cause the Fed to Blink on Rates?.Clorox Pandemic Gains Have Been Bleached, Time to Get Back In?.Tesla Stock Predictions: Is Tesla’s Slide Worth a Second Glance?.The Trader's Guide to Equities Research.Dividend-paying growth companies can make excellent investments, especially if you are young and don't need those dividends to live off of for a long time. So, again, while I initially bought it for the growth, I now hold it for the dividend. And while I have been adding to that position over the years, my yield-on-cost is currently 2.3%. I initiated a position in 2012 when it had a dividend yield less than what NVDA has now.

NVDA has been raising its dividend at a compound annual growth rate of 10% over the last five years. Companies that grow their dividends quickly like this one can be great additions to your dividend portfolio. So while I initially bought this stock for growth, my perspective on it has changed, and I now hold it for the dividend. That said, this stock has grown since I bought it, and my current yield-on-cost is 2.3%. I don't typically consider companies with a 0.08% yield to be dividend stocks. I bought it in 2016 for its growth possibilities. However, I did not initially buy it for the dividend. I am a dividend investor and I do own NVDA. If you’re looking for strictly passive income, then definitely not your cup of tea, but if you want to bank on seeing some sort of upside with dividend growth and if not, get some sweet returns on that one growth stock to feed the rest of your portfolio later on, I don’t think you could go wrong.

Not to mention that the payout ratio is pretty minimal so they have plenty of cash for when they do hit their stride years from now, they’ll (hopefully, but I can see why they would emphasize more on growth) put more into their dividend (at least a 0.50 to 0.75% yield with 10% or more CAGR). Especially if they manage to get their most recent 40 billion acquisition through regulators, i think they have potential to break a trillion market cap at some point in the foreseeable future. Was just curious if any dividend investors are invested in NVIDIA stock? While their yield and dividend growth are veryyyy small as it stands rn, I can’t help but be enticed by the return rate and potential of this company.

Nvda dividend policy