Google’s Parent Company Alphabet Will Distribute Dividends

The umbrella company of the US-based technology giant Google Alphabetmade a remarkable statement. Since the first day of its public offering, the company will distribute dividends for the first time he explained. Moreover, the company 70 billion dollars It will also buy back shares.

“Having been on the stock exchange since 2004”GOOGL“The fact that dividends will be given for the first time for its shares is important in terms of timing. Recently, Google has been particularly interested in the artificial intelligence sector. makes big investments. While such huge amounts of money are being spent, the company does not seem to be intimidated by the distribution of money to investors.

The dividend announcement caused the shares to rise by around 16 percent!

Statements made by investors welcomed. Even Google shares rose in post-closing trading. around 16 percent showed an increase. This led to a valuation of approximately $300 billion. Alphabet’s value after the news, 2 trillion dollars He climbed on it.

For those who are wondering, let’s explain it immediately; dividends to be given, will be 20 cents per share. So someone who owns 10 lots of Google shares will receive a $2 dividend. Finally; With this move, it is the only company among the leading technology companies that does not pay dividends. remains as Amazon let’s say.