What Is the Dividend Payout for Meta Platforms?
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Meta Platforms has initiated dividend payments, distributing its first dividend of $0.50 per share in March. The latest payout occurred on Sept. 26, with a current annual dividend yield of about 0.35%, lower than the S&P 500 average of 1.3%. Despite the modest yield, this move indicates management's commitment to shareholder value and reflects strong fundamentals. Meta's free cash flow has significantly increased, suggesting potential for larger future dividends as the company generated $4.9 billion in free cash flow in Q2, covering upcoming payments.
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