The umbrella company of the American technology giant Google Alphabetmade a remarkable statement. Since the first day of its public offering, the company has will pay dividends for the first time he explained. Moreover, the company 70 billion dollars Shares will also be bought back.

“On the stock exchange since 2004”GOOGL“The fact that dividends are being paid on its shares for the first time is important in terms of timing. Google has been particularly interested in the artificial intelligence sector lately. makes major investments. Despite spending such huge amounts of money, the company doesn’t seem to be intimidated by the distribution of money to investors.

The dividend announcement caused the shares to rise by about 16 percent!

Investor statements welcome. Even Google shares rose in after-hours trading. around 16 percent showed an increase. This led to a valuation of approximately $300 billion. Alphabet’s value after the news, 2 trillion dollars He climbed on it.

For those wondering, let’s explain straight away; dividends to be paid, will be 20 cents per share. So someone who owns 10 lots of Google shares will receive a dividend of $2. Finally; This move makes it the only company among leading technology companies that does not pay dividends. remains Amazon let’s say.