does alphabet pay dividends

When Alphabet stock split earlier this month many investors saw their net worth rise rapidly. The average yield across all.

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But were closed-end fund CEF buyers first and foremost and for a very good reason.

. The 20-for-1 stock split meant that each share of Alphabet Googles parent company was now worth 20. CEFs pay huge dividends. A corporation is a legal entity that is separate and distinct from its owners and has many of the same rights and responsibilities as individuals. But the 9 jump resulted in a gain of more than 15 for each share or 300 for 20.

That means individuals who had one share of Alphabet stock at 275288 now had 20 shares each worth 13764.

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