Better New Dividend Stock: Salesforce, Meta Platforms, or Alphabet?

From Nasdaq: 2024-05-31 07:15:00

Several big tech companies, including Salesforce, Alphabet, and Meta Platforms, have announced new dividends this year. While these dividends are not significant, they mark the beginning of potential future growth for the companies. Salesforce offers the highest dividend yield per share currently.

Meta Platforms, Salesforce, and Alphabet have all initiated dividends, with Meta paying the highest amount per share. When considering the percentage of cash flows used to fund the dividend, Salesforce has the highest dividend payout ratio, but all three companies have room to increase their dividends over time.

From an earnings perspective, the dividend payout ratios for Meta Platforms, Salesforce, and Alphabet are relatively low. However, when looking at the free-cash-flow dividend payout ratios, there is still room for dividend growth for all three companies. This makes them potentially attractive long-term investments.

The Motley Fool Stock Advisor team does not currently recommend investing in Salesforce. They have identified 10 other stocks with high growth potential. While investing in Salesforce may not be the best choice now, considering other investment options could lead to significant returns in the future.



Read more at Nasdaq: Better New Dividend Stock: Salesforce, Meta Platforms, or Alphabet?