Meta Announces Quarterly Cash Dividend

Rhea-AI Summary

Meta Platforms (Nasdaq: META) has announced its quarterly cash dividend declaration. The company's board of directors has approved a dividend of $0.50 per share for both Class A and Class B common stock. The dividend will be paid on December 27, 2024, to stockholders who are on record as of the close of business on December 16, 2024.

Positive

• Quarterly dividend payment of $0.50 per share demonstrates financial stability
• Consistent dividend distribution indicates strong cash flow position
• Equal treatment of both Class A and Class B shareholders

Negative

• None.

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MENLO PARK, Calif., Dec. 5, 2024 /PRNewswire/ -- The Meta Platforms, Inc. (Nasdaq: META) board of directors today declared a quarterly cash dividend of $0.50 per share of the company's outstanding Class A common stock and Class B common stock, payable on December 27, 2024 to stockholders of record as of the close of business on December 16, 2024.

Contacts

Investors:
Kenneth Dorell
investor@meta.com / investor.fb.com

Press:
Ryan Moore
press@meta.com / about.fb.com/news/

View original content to download multimedia:https://www.prnewswire.com/news-releases/meta-announces-quarterly-cash-dividend-302324358.html

SOURCE Meta

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Meta's (META) quarterly dividend amount for December 2024?

Meta (META) declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock.

When will Meta (META) pay its December 2024 dividend?

Meta will pay the dividend on December 27, 2024, to stockholders of record as of December 16, 2024.

Who is eligible for Meta's (META) December 2024 dividend payment?

Stockholders who hold Meta shares (both Class A and Class B common stock) as of the close of business on December 16, 2024, are eligible for the dividend payment.

Does Meta (META) pay the same dividend for both share classes?

Yes, Meta pays the same dividend amount of $0.50 per share for both Class A and Class B common stock.