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Amazon's Swelling Cash Pile Makes Conditions Ripe for Dividend.

Authors :
Vlastelica, Ryan
Source :
Bloomberg.com; 7/25/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Amazon.com Inc. may be considering the possibility of issuing a dividend to its shareholders, as the company's cash reserves are expected to exceed $100 billion this year. While Amazon has historically reinvested its profits into its businesses rather than returning cash to shareholders, a change in this strategy could lead to increased stock gains. Some investors believe that a dividend announcement could occur within the next few quarters. However, Amazon's lower margins compared to other tech giants may delay the implementation of a dividend. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
178659971