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Meta Pays Dividends After Layoffs | Durham News
Meta’s making waves in the tech world by paying quarterly cash dividends — a bold move for a company that once prioritized reinvestment over payouts. Since February 2024, they’ve steadily handed out 52.5 cents per share each quarter, totaling $2.10 annually, with a modest 0.35% yield. This shift follows their “year of efficiency,” which included cutting 13% of their workforce and slashing costs — savings that now fuel both AI investments and shareholder returns. While not a blockbuster payout, it signals financial confidence and a strategic pivot toward balancing growth with returns, setting…
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