After years of chasing growth at all costs, tech firms are taking a page from the playbook of old-school value businesses – paying a dividend. Throwing off more cash than they can spend, the shift to a regular payout provides more evidence of the companies’ financial strength.
Various technology firms have introduced quarterly payouts in 2024, and while the yields are small, the news sparked huge rallies as investors took the initiations as a sign that the group can continue to deliver robust cash flows.
