Amazon may face pressure to join the dividend club due to being the only major US tech company without regular shareholder payouts, following Alphabet and Meta Platforms' recent declarations.
Amazon may face pressure to join the dividend club, as it's currently one of the few major US tech companies not making regular payouts to shareholders. Following Alphabet and Meta Platforms' recent dividend declarations, Amazon and Tesla are now the only companies in the group without offering dividends. Dividends are seen as a representation of earnings power, leaving Amazon isolated among other big tech companies.
April 29, 2024
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