Alphabet to pay first-ever quarterly dividend, $70B buyback #shorts

In a historic move, Alphabet Inc. (GOOG, GOOGL) has approved it's first-ever quarterly dividend and also authorized a $70 billion share repurchase program. The dividend, set at $0.20 per share, will be distributed to eligible shareholders on June 17, 2024. Yahoo Finance's Julie Hyman shared the details on April 26, 2024.

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[bl]

Google share cost USD168 a share which translate to 0.11%. Drop in a bucket

[wilsonbethlehem]

Then, it drop like no body business. Jz to pay the dividend with the difference. 😂

[methos-eynf]

LOL 20 cents/share is only 0.11% yield that’s so low as to be meaningless.