Why Dividend Investors Shouldn't Overlook Meta Platforms' Recently Initiated Dividend
Meta Platforms (NASDAQ: META) shocked many investors by initiating a dividend this year. The technology titan is starting small with a $0.50 per share quarterly payment ($2.00 annually). That works out to a relatively paltry dividend yield of 0.44%.
That meager yield won't catch the eye of most dividend investors. However, here's why those focused on dividends won't want to overlook Meta Platforms' payout.
Many dividend-focused investors put too much emphasis on a stock's current yield. While yield is important for retirees, those focusing solely on a stock's yield are shortchanging their returns. That's evidenced in the returns data on stocks by their dividend policy:
Source Fool.com
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