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The year 2024 is off to a good start for Mark Zuckerberg, and the rest of it looks like it will be just as sweet courtesy of a dividend payout of $700 million across the next four quarters.
Days ahead of Facebook's 20th anniversary, Meta late on Thursday authorized an additional $50 billion in share repurchases and said its quarterly dividend would be 50 cents per share.
Meta Stock: Shares have surged as Facebook's parent company, co-founded by Mark Zuckerberg, announced its first ever dividend. Credit - Pavlo Gonchar/SOPA Images/LightRocket—Getty Images
A special dividend is a payment made by a company to its shareholders, that the company declares to be separate from the typical recurring dividend cycle, if any, for the company. Usually when a company raises the amount of its normal dividend, the investor expectation is that this marks a sustained increase. In the case of a special dividend ...
In 2020, Facebook, Inc. spent $19.7 million on lobbying, hiring 79 lobbyists. In 2019, it had spent $16.7 million on lobbying and had a team of 71 lobbyists, up from $12.6 million and 51 lobbyists in 2018. [121] Facebook was the largest spender of lobbying money among the Big Tech companies in 2020. [122]
TheFacebook. [edit] A " facebook " is a student directory featuring photos and basic information. [ 9 ] In 2003, there were no universal online facebooks at Harvard, with only paper sheets distributed [ 10 ] and private online directories. [ 11 ][ 12 ] Zuckerberg told the Crimson that "Everyone's been talking a lot about a universal face book ...
The average yield for a dividend-paying stock in the S&P 500 is about 2.3%, according to Barron’s. That’s well above the likes of Microsoft (0.73%), Apple (0.55%), Alphabet (0.47%) and Meta (0 ...
For example, in 2013 Facebook founder Mark Zuckerberg owned 29.3% of the company's class A shares, [1] which gave him enough voting power to control the business, while allowing Facebook to raise capital from, and distribute risk to, the remaining shareholders. Facebook was a privately held company prior to its initial public offering in 2012. [2]