Factors Behind Meta Platforms’ Modest Stock Increase on Friday

Avatar photo

Meta Platforms Declares Quarterly Dividend

Meta Platforms (NASDAQ: META) announced a quarterly dividend of approximately $0.53 per share for its Class A and Class B common stock, effective Monday, September 28, 2024. This decision comes following the company’s history of quarterly payouts, which began in March 2024 at $0.50 per share.

The dividend will be paid to stockholders of record as of September 21, 2024, yielding about 0.3% based on the most recent closing price. Since its initiation, the dividend has been raised only once, reflecting the company’s ongoing commitment to return value to shareholders amid a volatile tech market.

5 Stocks Our Experts Predict Could Double In the Next Year

By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.

The free Daily Market Overview 250k traders and investors are reading

Read Now