NVIDIA Corporation (NASDAQ:NVDA) Updates On Dividend Release Date


On 2016-08-12, NVIDIA Corporation (NASDAQ:NVDA) confirmed the dividend disbursement of $0.115 a share to shareholders as on record 2016-08-25. The firm will release dividend on 2016-09-16 while ex-dividend date is reported to be 2016-08-23.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, NVIDIA Corporation (NASDAQ:NVDA) paid a total of $0.115 per share in dividends. This figure stood at $0.115 a share in the same period a year ago indicating a deviation of 16.1765%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $61.5 on the stock. This figure is the average of recommendations offered by 14 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $75 and $43, respectively.

Taking the mathematical rating formula, the price for NVIDIA Corporation (NASDAQ:NVDA) stands at 2. Earnings Review NVIDIA Corporation (NASDAQ:NVDA) will report its quarterly earnings for the period ending on 2016-10-31 by 2016-11-03. For the period ending on 2016-10-31, experts are expecting EPS of $0.56.

Coming to the quarter ending on 2016-01-31, NVIDIA Corporation (NASDAQ:NVDA) recorded EPS of $0.44. The reported numbers came lower than the analysts’ estimates of $0.37, demonstrating a miss of $0.07 as against reported figures.

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