Please all give!! 👏👏👏👏

As Alphabet Follows Meta With a Dividend, the Pressure Is Now on Amazon

Dividends are a sign of maturing companies, but may also be a diversion for investors amid hefty capital spending. Alphabet Inc.'s surprise issuance of its first dividend is now putting the pressure on Amazon.com Inc. to follow suit, as it is now the last of the Big Tech companies that does not pay its shareholders a dividend.Wall Street, of course, was pleased by the news late Thursday, which was buried on the second page of Alphabet's first-quarter earnings, which were also better than expected. Alphabet said it will begin paying a 20 cents-a-share dividend starting in June.Alphabet is following the example set by Meta Platforms Inc. , which stunned Wall Street in February in its fourth-quarter earnings when it said it would begin paying a dividend. Many investors started to wonder if Alphabet or Amazon would be next among the Big Tech giants to follow their lead.In after-hours trading, Alphabet shares soared about 12%, a gain of roughly $237 billion in market cap. If those gains h
As Alphabet Follows Meta With a Dividend, the Pressure Is Now on Amazon

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet