New Nasdaq-100 Dividend Payer: Is This the Perfect Dividend Growth Stock?
One of the world's largest technology growth stocks has finally begun to return cash directly to shareholders. That's right, after piling up cash on its balance sheet for years, (NASDAQ: GOOG) is now paying a small quarterly dividend. So rejoice, income-focused investors: Another high-quality technology company has become an option for your portfolios.
But don't think the owner of Google Search and YouTube is done growing. Alphabet now looks like the perfect buy-and-hold stock for both dividends and growth.
In conjunction with its first-quarter earnings report this spring, Alphabet announced it would begin paying a $0.20 per share dividend each quarter, or $0.80 per share annually.
Source Fool.com
Alphabet Inc. C Stock
€142.92
1.660%
With 26 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 165 € shows a slightly positive potential of 15.45% compared to the current price of 142.92 € for Alphabet Inc. C.
