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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: hclasvegas   😊 😞
Number: of 15059 
Subject: Barrons, on dividends,
Date: 02/04/2024 7:06 AM
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"" Dividends Are Back: Mark Zuckerberg almost single-handedly drove a tripling of Meta’s share price in 2023 with his “year of efficiency” cost-cutting strategy. Now he seems to have shifted to “the year of the shareholder.” In a surprise move, Meta said it would start paying a quarterly dividend of 50 cents a share, giving the stock a yield of just under 0.5%. That payout is about in line with Apple’s, and a bit below Microsoft’s. The move raises questions about when Alphabet and Amazon will initiate their own payouts. Meanwhile, Apple bought back $20.5 billion worth of stock in the quarter, and still saw its total net cash position rise to $65 billion, from $51 billion one quarter earlier. CFO Luca Maestri reiterated Apple’s intention to eventually reach net cash zero."" I'll add brk to the list of, when ?
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