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The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
The company’s move comes after Meta’s board authorized its first ever dividend in February. Google’s parent company had $108 billion in cash and marketable securities on hand as of March 31 ...
The divisive issue came to head earlier this month during an employee sit-in at Google offices in Sunnyvale, California, and New York that resulted in more than 50 workers being fired.
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The stock price of Alphabet surged about 16 per cent on Thursday after the parent company of Google released its quarterly earnings report and announced a cash dividend for investors.
Google Finance was first launched by Google on March 21, 2006. The service featured business and enterprise headlines for many corporations including their financial decisions and major news events. Stock information was available, as were Adobe Flash-based stock price charts which contained marks for major news events and corporate actions.
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An issue of bonus shares is referred to as a bonus share issue. A bonus issue is usually based upon the number of shares that shareholders already own. [2] (For example, the bonus issue may be "n shares for each x shares held"; but with fractions of a share not permitted.) While the issue of bonus shares increases the total number of shares ...