Why Meta Platforms' New Dividend Is a Bigger Deal Than You Think
With Meta Platforms (NASDAQ: META) skyrocketing to $475 per share following its fourth-quarter earnings, it's incredible to think such a widely followed stock was bottoming at just $89 a mere 15 months ago in November 2022.
Those who had the courage to invest at that bottom have seen a more than quintupling of their money. But there's also a good case to be made that Meta stock can continue moving higher from here.
In particular, the company's recent announcement of its first-ever dividend could help the stock rise even further for a couple very specific reasons.
Source Fool.com
Meta Platforms Inc. Stock
€452.95
1.200%
With 10 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 10.39% for Meta Platforms Inc. compared to the current price of 452.95 €.
