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Meta Stuns Wall Street with Its First Dividend. Amazon and Alphabet Could Be Next
Meta's dividend move could get the stock noticed even further - for better or worse. Meta Platforms Inc. surprised Wall Street on Thursday with its first-ever dividend, a move that's likely Silicon Valley's most monumental dividend decision since Apple Inc. reinstated its payout over a decade ago - and one that could light a fire under other tech giants.Meta's dividend plans could get the stock noticed even more on Wall Street, including by the committee choosing components for the Dow Jones Industrial Average DJIA. While it's no longer required for Dow candidates to issue dividends, paying one could certainly help Meta's resume.Investors are celebrating the news already, with Meta shares surging nearly 15% in after-hours trading after Thursday afternoon's earnings report, which brought the dividend news as well as more evidence that Meta's "Year of Efficiency" has paid off.While Meta's mature approach to shareholder returns could get it more respect by some investors, it could make ot
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