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Google’s parent announces first-ever dividend, sending shares soaring

Alphabet announced its first-ever dividend and $70 billion in stock buybacks on Thursday, to the delight of investors whose stock price soared nearly 16% after the bell. Google’s parent company is giving back capital while spending billions on data centers to catch up with rivals in generative artificial intelligence. The dividend will be 20 cents […]

Bayer cuts dividend by 95% amid wave of litigation involving Roundup weed killer

Bayer announces plans to cut dividend by a staggering 95% over the next three years as it seeks to recoup debts from its acquisition of Monsanto that put the German company at the center of multiple lawsuits over its Roundup herbicide did. According to the company, the dividend cut was expected bloombergsaid the cuts highlight […]

Airbus announces special dividend, extending lead over Boeing

CEO Austin Russell talks about the company’s new manufacturing deals on “Craman Countdown” Airbus announced a special dividend after its 2023 results improved, driven by increased demand for jetliners, despite a $215 million cost from its space business. The commercial aircraft maker is benefiting from a surge in orders and building up cash reserves compared […]

Looking for dividend income? Jim Cramer says consider this beverage giant's stock – CNBC

Shopify : The e-commerce company reported better-than-expected revenue on Tuesday, but its gross margin was a concern for investors. But Jim Cramer said in an interview with company president Harley Finkelstein that Shopify’s spending should help existing customers do more business with the company. Overall, it was an “incredibly good quarter,” Jim said. “I like […]

Meta’s new dividend adds $200 billion in value, Zuckerberg nets $29 billion in one day

Shares in Facebook’s parent company Meta soared after the company announced its first-ever cash dividend following its biggest quarterly growth in more than two years. The company’s market value rose more than $200 billion on Friday, putting it on pace for the fastest single-day increase in market value for a U.S. company, according to tracked […]

Mark Zuckerberg to earn $700M annually from Meta dividend amid child safety backlash

Mark Zuckerberg will earn $700 million a year through Meta’s new quarterly dividends, which will be used in Capitol Hill for failing to protect children from online sexual abuse and exploitation. This is an astronomical dividend announced just one day after the company faced outrage. The 39-year-old tech mogul’s pay stems from Meta’s plan, revealed […]