Nvidia, Micron Technology, and OTC Markets declare dividend raises of 30% or more

Nvidia just handed shareholders a dividend increase so large it looks like a typo. The chipmaker boosted its quarterly payout from $0.01 to $0.25 per share, a 2,400% jump that transforms what was essentially a token gesture into a meaningful income stream. The company announced the raise alongside its fiscal Q1 2027 results in May 2026, with the first payments under the new rate hitting accounts in June. Nvidia wasn’t alone in the generosity department. Micron Technology lifted its quarterly dividend 30.4% to $0.15 per share, while OTC Markets Group declared a $0.30 quarterly dividend, continuing a pattern of hikes exceeding 30%. All three companies are riding waves of demand that have turned their balance sheets into cash-generating machines. The numbers behind the raises Nvidia’s increase is the headline grabber, and for good reason. At the new $0.25 quarterly rate, the company’s annualized dividend stream reaches approximately $24 to $25 billion, putting it in the conversation as the second-largest dividend payer in the US, trailing only Microsoft by some estimates. The company returned a record $26 billion to shareholders in fiscal Q2 2027 through a combination of dividends and...