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Alphabet, Amazon likely to follow Meta by introducing first-ever dividends in 2024
AmazonAmazon(US:AMZN) Market Watch·2024-02-12 22:38

There is good news for income-oriented investors — or anybody who owns any of the so-called Magnificent Seven tech stocks that have powered much of the S&P 500’s gains over the past year. Meta Platforms Inc. META, +0.89% likely won’t be the only megacap company to introduce a first-ever dividend in 2024, according to a team of analysts at Goldman Sachs Group GS, +0.96%. Fellow Magnificent Seven members Alphabet Inc. GOOGL, -0.29% and Amazon.com Inc. AMZN, -0.05% are well positioned to introduce dividends of ...