This is the playbook of a company moving from "Growth" to "Maturity". Of note:
In August 2024, Alphabet announced a quarterly dividend of $0.20 per share, totaling $0.80 annually, resulting in a dividend yield of approximately 0.39%
At current that would mean Alphabet's annual dividend payout is approximately $9.8112 billion.
Now the game is to pay that dividend, incentivize people to hold the stock and reduce volatility. A dividend stock company behaves very differently than a growth stock company.
Whats really frightening here is that a company like Google looks into the future and sees bad prospects for growth.
In August 2024, Alphabet announced a quarterly dividend of $0.20 per share, totaling $0.80 annually, resulting in a dividend yield of approximately 0.39%
At current that would mean Alphabet's annual dividend payout is approximately $9.8112 billion.
Now the game is to pay that dividend, incentivize people to hold the stock and reduce volatility. A dividend stock company behaves very differently than a growth stock company.
Whats really frightening here is that a company like Google looks into the future and sees bad prospects for growth.