Alphabet Inc
Alphabet Dividend
Dividends
In Alphabet’s 2024 Q1 press release announcement, the company indicated that they intend to start distributing quarterly dividends.
Thus far in 2024 two dividend payments have been made of $0.20 cents per share. Annualised at $0.80 cents per share.
Dividend Payments have already been made in June & Sept, so one would assume the next quarterly payments would be in December 24 and March 2025 (Sorry we couldn’t find any specific monthly guidance in the announcement).
There have been rumours that this could be a company that may surprise the markets with a Special Dividend at some point in the future, only time will tell.
The main purpose of managing this portfolio of equities is to grow dividend income over time, whilst hopefully benefiting from share price appreciation.
As the portfolio is centred around early retirement and financial freedom then, when adding technology stocks we could not ignore this holding, especially now the business has declared shareholder dividends.
With dividends being the recent cherry on top for this stock, I think there should be a good opportunity for income investors by way of dividend growth potential.
We only invest in full shares so no fractional positions are held, due to Alphabet’s leading market position we aim to increase holdings during the next few years.
To date we have collected two lots of dividends totalling just £1.84.
PE: 31.23
Fwd PE: 19.46
Dividend Yield: 0.49%
Please see the file below for a full income breakdown.
Alternatively, click here to see how GOOGL compliments the entire 2024 dividend income.
Average five year share price
Share price
The share price has fluctuated over the last five years:
The highest was around $190.86 on the 07/07/24
The lowest being $50.44 on 29/03/2020 at the start of the pandemic
Based purely using my own experience and metrics that I apply to my personal stock selection, I would be looking to add further shares between $110 -$150 dollars.
Alphabet’s revenues have grown substantially over the past four years from £182,524 Billion in 2020 to over £307,394 Billion at the end of 2023.
GOOGL is one of the most valuable business on the planet and one which we think will still be in the future, hence for the inclusion into the portfolio.
About:
Alphabet Inc is traded on the NASDAQ Ticker GOOGL for its class A Shares.
Alphabet Inc is an American multinational technology company with some of the most highly recognisable brands on the planet.
Alphabet is the world’s second largest company by revenue and one of the world’s most valuable businesses on the planet.
The groups most globally recognised brands in which they are the leaders in are:
Video: “YouTube”
Search Engine Traffic: “Google Search”.
Then there are the various Google products like, Android software for mobiles, email through Gmail, Google Maps, Google Pixel phone, Android TV software, Chrome Cast, how easy is it to mirror your phone screen onto a compatible TV these days.
Lesser known entities under Alphabet include Waymo for Autonomous Cars, Intrinsics for Robot Software, Calico for Human Health for overcoming aging. Isomorphic Labs for new drug discovery.
This list goes on however this is a technology conglomerate with deep pockets and a mission to develop new technologies that will help the advancement of mankind.
I just wish I invested earlier. Happy Investing!
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