Meta Announces Inaugural Dividend and AI Advertising Push

Meta has unveiled a significant capital return initiative alongside new artificial intelligence developments, signaling a strategic evolution that has captured market attention. The social media giant declared a quarterly cash dividend of $0.525 per share, marking a notable shift in its financial strategy.

The dividend will be distributed on September 29th to shareholders of record as of September 22nd. This move represents a substantial departure from Meta’s previous approach of reinvesting virtually all capital into aggressive expansion, indicating a new phase of balanced capital allocation that combines growth investments with shareholder returns.

Market experts have responded positively to this development. Morgan Stanley maintained its Buy recommendation on Meta shares, while Kevin Simpson of Capital Wealth Planning identified the company... Read more...