When is Nvidia stock split? Key dates to know ahead of 10-to-1 split
What is the dividend per share that Nvidia announced and when will it be paid out?
Nvidia announced a dividend increase in late May, with a dividend of one cent per share to be paid out on June 28. Shareholders at the end of the day on Tuesday will receive this dividend.
How will Nvidia's stock price be adjusted after the stock split takes effect?
After Nvidia's stock split takes effect, the stock price will be adjusted to reflect the split. In a 10-for-1 stock split, like the one announced by Nvidia, the price of each share will be divided by 10.
For example, if Nvidia's stock was trading at $1,000 before the split, after the split, the price would be adjusted to $100 per share. This is because the total value of the shares remains the same, but the number of shares increases. So, if you owned one share of Nvidia stock before the split, you would own 10 shares after the split, each at the adjusted price.
The purpose of a stock split is to make the shares more affordable for a broader range of investors. It doesn't change the overall market value of the company or the value of an investor's total holding. It simply increases the number of shares and decreases the price per share, making the stock more accessible to more investors.
What is the ratio of the upcoming Nvidia stock split and when was it announced?
The upcoming Nvidia stock split has a ratio of 10-for-one. It was announced in late May, alongside a dividend increase and strong first quarter earnings for the company6.