- cross-posted to:
- technology@lemmit.online
- cross-posted to:
- technology@lemmit.online
Zuckerberg to Get $700 Million a Year From Meta’s New Dividend::Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg stands to receive a payout of about $700 million a year from the social media giant’s first-ever dividend for investors.
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Money from nothing. That’s one of the biggest reasons our system is so out off balance.
I mean… I hate capitalism as much as the next guy, but this isnt “money from nothing”… People bought or worked for shares…
The dividend money comes from worker exploitation, sure. But in order to get the dividend from those shares, you had to believe in the company and invest…
Disclaimer: i own no shares of meta and i dont have a facebook account
Do you own shares in any company?
I own shares in your mom.
She died in 2016. I’ve never really gotten over it.
https://youtu.be/ObdC3uhPeEY?si=pfM_vpFHXykW7zp7
(I’m sorry I couldn’t resist)
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You can have her completely.
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Hey it’s everyone’s least favorite user!
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How could someone I don’t value have any impact on me?
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Yes
$700 million. A year. For one person.
That’s another of the biggest reasons our system is so out of balance.
It’s not money for nothing. It’s money for the risk you take when investing in a company. Why the hell would anyone invest into anything if there wasn’t possibility to get something out of it?
You just described gambling.
It is basically gambling yeah. Especially when you’re picking individual stocks instead of something like index funds. Bigger risk but also bigger plausible reward.
And you don’t understand why building a society based on gambling is a bad idea?
I don’t even know what you’re trying to say there. The discussion is about the risks and benefits of buying and selling stocks. If you don’t want to take that risk then don’t buy stocks. No one is forcing you. I don’t get how “building a society based on gambling” is all of a sudden a stance I’m supposedly defending here now. That’s a strawman.
So can we tax that?
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Dividends are taxed, yes.
Doesn’t this mean that Meta has ossified and the board no longer sees growth opportunities?
Send like bad news for investors long on growth and prospects of the meta verse.
Couldn’t this also signal to investors that they’ve achieved a comfortable market position and finally profitable ,and that they don’t need to go growth crazy mode anymore?
For anyone curious, the dividend is
0.0063$0.50 per single share (the other number was last year)Compared to Microsoft, which is 75c per share, and stock is cheaper.
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$0.50/share/quarter according to this article. https://www.cnbc.com/2024/02/01/meta-is-paying-first-ever-dividend-authorizes-50-billion-buyback.html
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.
You’re right, I accidentally checked last year dividend
What do you mean diluted?!?!
Instead of Feeding Starving Children we should give HIM our Tax Dollars!
Why should we feed starving children when there are dying babies!
Facebook stock gunna tank lmao
