Companies Increased Dividend Payments by $16 Billion Last Quarter Thanks to These 2 Top Stocks

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

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