Google’s parent company, Alphabet Inc., announced its first dividend. On June 17 of this year, the company will pay dividends to shareholders in the amount of $0.20 per share. Alphabet announced this in a press release.
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The dividend will be paid to shareholders of record as of June 10, 2024. Alphabet also announced quarterly dividend payments if the decision is approved by the board of directors.
As evident from the company’s statement, in the first quarter Alphabet’s revenue increased by 15%, to $80.54 billion, compared to $69.8 billion in the first quarter of last year.
The company also increased its net profit by more than one and a half times, reaching $23.66 billion. Earnings per share increased from $1.17 to $1.89.
Last year, Alphabet increased its profits by 23%, reaching $73.8 billion.
Author:
Natalia Gormaleva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
