Some software limitation? See this case : It is quite common for CEOs to be paid zero dollars and zero cents due to whatever reasons. The system doesn't allow you to enter $0.00 So you have to enter $0.01 ie the CEO is being paid 1 cent every month.
Maybe. it’s just that when I saw NVDA paid a one cent dividend, I thought, Why bother? So after the split, it will be a 10 cent dividend? Or one tenth of one cent… I’m confused…
One reason that a company may pay a 1 cent dividend is so that can say "We have paid dividends for x consecutive years".
If your dividend isn't even 1% what is the point? The problem is no one wants to buy a value tech company, its an oxymoron. HPE, CSCO, ORCL, etc. are dogs with fleas.
some funds are required to buy a stock with a div. also some shareholder groups like a company to pay a div (even if a nominal one) to keep management honest. in this case maybe it’s how the founder funds his leather jackets.