Meta's Board Initiates Quarterly Dividend Of $0.50/Share
Portfolio Pulse from Benzinga Newsdesk
Meta's Board has decided to initiate a quarterly dividend of $0.50 per share, marking a significant move for the company in terms of shareholder returns.
February 01, 2024 | 9:07 pm
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Meta Platforms, Inc. has announced the initiation of a quarterly dividend of $0.50 per share, signaling a new phase in its approach to shareholder returns.
The initiation of a quarterly dividend by Meta Platforms, Inc. is a significant development for investors, as it indicates the company's confidence in its financial health and a commitment to returning value to shareholders. This move is likely to attract dividend investors and could lead to a positive sentiment in the short term, potentially boosting the stock price.
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