From Nasdaq:

Investing in tech growth stocks with high dividend potential could lead to substantial retirement income. Alphabet, despite being a cash cow, doesn’t pay a dividend but generated $74 billion in net income in 2023. With a massive cash reserve of $111 billion and strong balance sheet, Alphabet may start paying a dividend in the future. Despite being the cheapest of the Magnificent Seven stocks, Alphabet continues to focus on share repurchases over dividends due to fears of generative artificial intelligence affecting its core business. However, with growing AI capabilities and potential for shareholder attraction, Alphabet may eventually begin paying a dividend once its AI offerings gain traction. Investing in Alphabet now could lead to potential future dividends and growth.



Read more at Nasdaq: This Is the Next “Magnificent Seven” Stock to Pay a Dividend (and It Could Be the Biggest of the Bunch)