Alphabet begins quarterly dividend of $0.20/share, joining tech giants in shareholder rewards.
Alphabet, parent company of Google, has initiated a quarterly dividend payout of $0.20 per share, joining other tech giants Microsoft, Apple, and Meta in rewarding shareholders. Alongside dividends, these companies engage in stock buybacks, which can benefit shareholders more in the long term due to reduced taxes and increased earnings per share. The "Magnificent Seven" companies are expected to pay out $50 billion annually in dividends.
May 04, 2024
3 Articles