Apple’s $100B buyback and 4% dividend hike contrast with Nvidia’s 92% data-center reliance and thinner payout history.
Apple reclaimed the world’s largest market cap at $337.47 per share, surpassing Nvidia’s $196.03, after announcing a 4% dividend increase to $0.27 per quarter and a $100 billion share buyback. The move reinforces Apple’s appeal to income-focused investors, with a 0.31% yield compared to Nvidia’s 0.02% and a $32 billion capital return in a single quarter.
Nvidia reported 85% revenue growth to $82 billion but remains heavily dependent on data-center sales, which account for 92% of total revenue. While Nvidia’s P/E ratio is lower, its dividend history is shorter, with a recent increase from $0.01 to $0.25 per quarter and an $80 billion buyback plan. Apple’s 2.5 billion active devices underpin its cash flow stability.
The comparison highlights Apple’s stronger alignment with retirement portfolios prioritizing income durability and lower volatility, despite Nvidia’s growth trajectory.