Alphabet Inc
Alphabet Dividend
Dividends:
In Alphabet’s 2024 Q1 press release announcement, the company indicated that they intended to start distributing quarterly dividends.
Thus far in 2024 three dividend payments have been made of $0.20 cents per share, annualising at $0.80 cents per share.
Dividend Payments have already been made in June, Sept & Dec so one would assume the next being March 2025.
There were rumours circulating last year (2024) that this could be a company that potentially may surprise the markets with a Special Dividend at some point in the future, only time will tell.
The purpose of managing this portfolio of equities is to grow dividend income over time, whilst hopefully benefiting from share price appreciation which is one of the reasons behind the inclusion of this stock.
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 distributions.
With dividends being the recent cherry on top for this stock, one is hopeful 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 the aim is to increase holdings during the next few years.
So far to date, we have collected three instalments of dividends contributing £2.77 to the portfolio.
PE: 25.00 (20/12/24)
Fwd PE: 21.88 (20/12/24)
Dividend Yield: 0.42% (20/12/24)
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
GOOGL 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.
Alphabet Inc is traded on the NASDAQ Ticker GOOGL for its class A Shares. It is a American multinational technology company with some of the most highly recognisable brands on the planet.
Being one of the world’s largest companies by revenue and one of the world’s most valuable businesses on the planet, the groups most globally recognised brands, and where they are the leaders in are:
Video: “YouTube”
Search Engine Traffic: “Google Search”.
There are then various Google branded products like:
Android software for mobiles, Email through Gmail
Google Maps
Google Pixel phone
Android TV software: Chrome Cast that enables easy to use TV mirroring from your mobile phone screen onto a compatible TV.
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 where this is a technology conglomerate with deep pockets and a mission to develop new technologies that will help the advancement of mankind, should be a great long term investment.
I just wish I had invested earlier.
Happy Investing!
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