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IncreasePosts
on April 25, 2024
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Google Earning Q1 2024 [pdf]
Google has $100B+ of cash and is giving out $10B/yr as a dividend. I think they will be able to scrape something together if they have a good idea.
endisneigh
on April 25, 2024
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Yes - and what they’ve decided is a dividend. It’s the first in their history. I’m not saying it’s good or bad, but it’s something.
lupire
on April 25, 2024
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parent
[–]
The interesting part is why they chose to issue a dividend instead of sticking only with a theoretically equivalent buyback.
IncreasePosts
on April 25, 2024
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root
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parent
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Put money in Larry and sergey's pockets without them having to sell any shares?
futureshock
on April 26, 2024
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root
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parent
[–]
That’s not a terrible guess. Together they own 56% of the voting shares and maintain control of the company. A divided puts money in their pocket without needing to sell any of their class B 10x voting shares.
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