Zuckerberg to Get $700 Million a Year From Meta’s New Dividend

www.bloomberg.com 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.

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.

28 comments

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?
- $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.
So can we tax that?
- Yep! 20% federally at least (for anything more than $500k)
- 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.
  
  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.
- $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?!?!
Permanently Deleted
Instead of Feeding Starving Children we should give HIM our Tax Dollars!
- Why should we feed starving children when there are dying babies!

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