3 Reasons Meta Platforms Is a Great Dividend Stock

Meta Platforms (NASDAQ: META) has been on a tear since late July's results, as the company's strong results helped investors refocus on the strength of its ads business and its ambitious long-term artificial intelligence (AI) plans. The social-media and advertising company behind Facebook, Instagram, and WhatsApp also kept up a theme it started when it began ratcheting up its capital return program in 2021 (first with repurchases, followed by dividends a few years later): sharing more of its abundant cash with shareholders.Meta's dividend is young and modest. But that does not make it a weak dividend stock. In fact, three core elements suggest the opposite: a conservative payout policy, a demonstrated commitment to ongoing cash returns, and business fundamentals that can support years of dividend growth.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool