Meta Just Declared Its First Dividend. Here's What Investors Should Know.

By Neil Rozenbaum – Feb 1, 2024 at 6:00PM

NASDAQ: META

Meta Platforms

Market Cap

$1,197B

Today's Change

(-0.28%) -$1.32

Current Price

$471.91

Price as of May 17, 2024, 4:00 p.m. ET

Meta stock is up after the company reported Q4 earnings. Is the stock a buy right now?

In this video, I will go over Meta Platforms' (META -0.28%) fourth-quarter earnings report. The company reported a big beat on top and bottom lines, announced a dividend, and increased buybacks -- and the market is loving it.

*Stock prices used were from the trading day of Feb. 1, 2024. The video was published on Feb. 1, 2024.

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Neil Rozenbaum has positions in Meta Platforms. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.