$0.50/share/quarter according to this article. cnbc.com/…/meta-is-paying-first-ever-dividend-aut…
If my math is right, At Meta’s current stock price of $472 that makes an annual yield of 0.004%. It’s great news for old investors, but that will be a hard pass from me.
Michal@programming.dev 5 months ago
Compared to Microsoft, which is 75c per share, and stock is cheaper.
LemmyIsFantastic@lemmy.world 5 months ago
87b vs 123b operating revenue. And that’s with a metric ton of money pumped directly into vr. FB can be run by cutting that labor in half. MS, not so much.