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Google Parent Company Issues First Dividend: What to Know, Why This Matters
GOOGAlphabet(GOOG) CNET·2024-04-27 03:54

Google parent company Alphabet said Thursday that it would issue its first-ever dividend to shareholders. The dividend is just 20 cents a share, but it was notable as a first-time event. In addition to investors receiving a dividend, Google's co-founders, Sergey Brin and Larry Page, will receive a dividend of 146millionand146 million and 78 million, respectively.Since its founding in 1998, Google has returned money to its investors through outsized performance and growth in its stock price. But now it's changing thing ...