"Tech Dividend Outlook: Meta, Alphabet, Amazon, and the Resurgence of Dividend Investing"
TL;DR Summary
Meta Platforms, the company behind Facebook, Instagram, and WhatsApp, announced its first-ever quarterly dividend of $0.50 per share, equating to an annualized dividend yield of 0.4%. The total dividend payout to shareholders in 2024 is estimated to be nearly $5.1 billion. With expectations of continued growth in earnings per share and free cash flow, along with ongoing share buybacks, Meta stock could still offer long-term value despite reaching new highs.
- This Is How Much Meta Stock Will Pay in Dividends in 2024 Yahoo Finance
- Why Dividend Investors Shouldn't Overlook Meta Platforms' Recently Initiated Dividend The Motley Fool
- Can Dividend Investing Rise From the Dead? The Wall Street Journal
- It’s Not Just Meta. Where to Find Juicy Tech Stock Dividends. Barron's
- Goldman Sachs: Alphabet, Amazon could issue dividends after Meta CNBC
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