No, Amazon Shouldn't Pay a Dividend. Here's the Simple Reason Why
Amazon (NASDAQ: AMZN) released first-quarter earnings Tuesday night, and while the results were generally strong, they didn't please everyone.
In the wake of dividend initiations from "Magnificent Seven" peers Meta Platforms and Alphabet in recent months, some investors were hoping Amazon would follow suit and announce its own dividend.
After all, Amazon is older than both of those companies, and at a market cap of nearly $2 trillion, it could certainly afford to share some of its wealth with investors.
Source Fool.com
Alphabet Inc. C Stock
€155.08
-0.640%
The stock is an absolute favorite of our community with 28 Buy predictions and no Sell predictions.
With a target price of 167 € there is a slightly positive potential of 7.69% for Alphabet Inc. C compared to the current price of 155.08 €.
