Meta's Dividend Is Emphatically Not a Reason to Buy the Stock -- but This Is
Let's welcome Meta Platforms (NASDAQ: META) to the dividend club. Last week, the company announced that it's initiating a quarterly dividend for the first time.
The news was warmly received by investors. So was Meta's overall fourth-quarter update: Shares skyrocketed more than 20% on the heels of the company's earnings release. Meta's dividend is emphatically not a reason to buy the stock -- but there's something that is.
There were multiple articles published after Meta's Q1 update last week with headlines trumpeting that CEO Mark Zuckerberg will receive nearly $700 million per year from the company's new dividend. Those headlines were correct. However, they can also lead you to think that Meta's dividend is better than it actually is.
Source Fool.com
Meta Platforms Inc. Aktie
Mehrere Buy-Einschätzungen bei Meta Platforms Inc., die die Sell-Zahlen überflügeln.
Ein leicht positives Kursziel von 500 € für Meta Platforms Inc. gegenüber dem aktuellen Kurs von 478.4 € wird gesehen.
