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Author: hclasvegas   😊 😞
Number: of 15068 
Subject: Tech and dividends , Dan Ives
Date: 02/12/2024 7:02 AM
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"" Dan Ives, a senior equity analyst at Wedbush who covers tech companies, says that paying a dividend is “not viewed as taboo anymore in the world of tech.”

He believes that Meta, by introducing its dividend, is taking a page out of Apple
AAPL

0.41%
’s playbook. “We’re going to see more and more of this, because it appeals to an income-focused investor,” Ives says.

There’s definitely room for more tech dividends. Just under 40% of the tech companies in the broad-market S&P Composite 1500
SP1500

0.60%
pay a dividend, well below the nearly 75% that offer buyouts, according to a report by Goldman Sachs’ portfolio strategy team.""
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