Zuckerberg to Get $700 Million a Year From Meta’s New Dividend
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bloomberg.com
Zuckerberg to Get $700 Million a Year From Meta’s New Dividend::Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg stands to receive a payout of about $700 million a year from the social media giant’s first-ever dividend for investors.
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For anyone curious, the dividend is
0.0063$0.50 per single share (the other number was last year)Compared to Microsoft, which is 75c per share, and stock is cheaper.
87b vs 123b operating revenue. And that's with a metric ton of money pumped directly into vr. FB can be run by cutting that labor in half. MS, not so much.
$0.50/share/quarter according to this article. https://www.cnbc.com/2024/02/01/meta-is-paying-first-ever-dividend-authorizes-50-billion-buyback.html
If my math is right, At Meta’s current stock price of $472 that makes an annual yield of 0.004%. It’s great news for old investors, but that will be a hard pass from me.
You're right, I accidentally checked last year dividend
What do you mean diluted?!?!