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Apple did a 4-for-1 split on Aug. 28, 2020. Over the next year, the stock returned 20% but underperformed the S&P 500's total return of 30%. ... Should you buy Nvidia because of the split?
Nvidia will distribute the new shares at the end of the next trading day, which is Friday, June 7. And the stock will begin trading at the split-adjusted price on June 10.
Now entering the stock split zone. Nvidia is joining its megacap tech peers, becoming the fourth "Magnificent Seven" stock to split since 2022.The chip giant’s 10-for-1 stock split, which will ...
Image source: Getty Images. Details about Nvidia's stock split. First, a few details about the stock split.Nvidia issued the new shares to current holders after the close of trading on June 7.
In fact, Nvidia just completed its most recent stock split in June after the shares soared past $900 earlier in the year -- and then surged past $1,000 after Nvidia's announcement of the split.
Another important announcement for shareholders is that Nvidia increased its quarterly dividend by 150%, from $0.04 to $0.10 per share, or $0.01 on a post-split basis. The first increased dividend ...