Google Parent Company Issues First Dividend: What to Know, Why This Matters

Google parent company Alphabet said Thursday that it would issue its first-ever dividend to shareholders. The dividend is just 20 cents a share, but it was notable as a first-time event. In addition to investors receiving a dividend, Google's co-founders, Sergey Brin and Larry Page, will receive a dividend of $146 million and $78 million, respectively.Since its founding in 1998, Google has returned money to its investors through outsized performance and growth in its stock price. But now it's changing thing ...