From Nasdaq: 2024-04-26 09:15:00

Amazon is being pressured to offer a dividend following Alphabet’s move to start payouts. Despite slowing growth, Amazon generated record operating income and free cash flow in 2023. Competition from Chinese e-tailers and challenges in cloud computing pose threats, but Amazon might signal comfort with a long-term outlook by initiating dividends soon.

Investors are anticipating Amazon’s first-quarter results and annual shareholder meeting. Initiating dividend payouts could attract income-minded investors and signal cost containment. While Amazon’s high valuation may deter some, dividends could enhance appeal. Stay tuned to see if Amazon follows suit in joining the list of tech companies offering dividends.

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Read more at Nasdaq: Dividend Watch: Your Move, Amazon