Mark Zuckerberg Set To Pocket $700M Annually As Meta Declares First-Ever Dividend

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Benzinga

Meta Platforms Inc (NASDAQ:META) announces inaugural dividend, potentially yielding CEO Mark Zuckerberg an estimated annual payout of $700 million. What Happened: Meta has communicated its decision to reward investors with a quarterly cash dividend of 50 cents per share for Class A and B common stock, commencing in March, Bloomberg reported on Thursday. With a stake of about 350 million shares, Zuckerberg is estimated to receive close to $175 million each quarter before taxes. The dividend announcement signifies Meta’s outlook on growth, as tech firms on a rapid growth trajectory often skip di…

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