These 3 Tech Stocks Made Double-Digit Dividend Raises This Year
Written by Eric Volkman for The Motley Fool -> Each has established its own strategy for capitalizing on the monster AI build-out. All three companies have posted growth rates that are nothing shor…
Each has established its own strategy for capitalizing on the monster AI build-out.
All three companies have posted growth rates that are nothing short of stunning.
The tech sector has been feast or famine at various points this year. It's been strongly affected by the irresistible rise of artificial intelligence (AI) . This is the big story in the industry for many investors, and companies at the heart of technology have attracted great interest from the market.
Flush with cash, many have opened their wallets for generous dividend raises of at least 10%. Here's a closer look at three such recent lifts from well-known AI chipmakers -- Nvidia (NASDAQ: NVDA) , Taiwan Semiconductor Manufacturing (NYSE: TSM) , and Broadcom (NASDAQ: AVGO) .
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Of our trio, Nvidia takes the crown -- and how -- for the highest-percentage dividend raise. It hiked its payout an eye-watering 2,400%!
The big asterisk next to that figure, however, is that Nvidia started from a very low base. With a 10-for-1 stock split in mid-2024, its quarterly distribution was reset at $0.01 per share. It hiked that to $0.25 starting with the June 2026 disbursement.
That's a lot more spend on the shareholder payout, but no one should worry that Nvidia risks financial ruin. (It also added a cool $80 billion to its share repurchase program, adding to the existing $38.5 billion already under authorization.)
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