How Lucrative Is Alphabet's New Dividend?

Group 1 - Alphabet has announced a quarterly dividend of 20 cents per share, starting July 17, which translates to an annual yield of 0.51% [1] - The dividend yield of 0.51% is less than half of the S&P 500 average yield of 1.3%, ranking Alphabet 377th out of the S&P 500 [1][2] - Despite the low yield, Alphabet's dividend is higher than those of Meta (0.41%) and Nvidia (0.02), while Amazon and Tesla continue to pay no dividends [1] Group 2 - Among the 15 most valuable S&P 500 stocks, Exxon Mobil leads with a yield of 3.14%, followed by JPMorgan Chase at 2.38% and Broadcom at 1.67% [2] - Alphabet's yield of 0.51% places it below several other companies, including Microsoft (0.73%) and Apple (0.57%) [2]