Meta Platforms: That dividend announcement and what it actually means

Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has essentially just fulfilled the definition of a company that has gone ex-growth – and it has beat this path to maturity in less than two decades. After hours the Facebook owner said it would pay its first ever dividend, which in Silicon Valley terms is the equivalent of running up the white flag of surrender. It means boss and founder Mark Zuckerberg is unable to deploy its free cash in more productive ways fund growth – both internally, or by acquisitio ...