Reported about 1 year ago
US companies raised their dividend payments by $16 billion in the second quarter, with Alphabet and Meta Platforms being significant contributors. Both tech giants initiated dividend payments recently, with Alphabet's $10 billion annual payment leading the increase. Meta Platforms followed closely with a $4.4 billion yearly payout. These companies, along with others, are driving the trend of higher dividend payments, showcasing their strong financial positions and potential for future dividend growth.
Source: YAHOO