
Google Parent Company Announces Historic First Dividend, Surpassing Sales and Profit Expectations
5 months ago
For the first time in its history, Google's parent company, Alphabet Inc., has declared a dividend. This significant event came as the company reported record sales and profit figures for the last quarter. The financial report showed that Alphabet's revenue increased by 11% compared to the previous year, totaling $76 billion. The company's net profit was equally impressive, reaching $17 billion, which is a 17% rise from the same period last year.
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