Alphabet announced on Thursday that it will be paying out a dividend of 20 cents per share for the first time, with Google’s parent company promising future benefits. The announcement came after trading hours and was a result of a successful past quarter where Alphabet saw an increase in turnover and profit.
During the past quarter, Alphabet’s turnover increased by 15 percent year on year to 80.5 billion dollars, surpassing analyst expectations. Profit also rose to $23.7 billion, compared to $15 billion the previous year. Advertising revenue continues to be a key income source for the company, with YouTube contributing significantly to revenue growth.
Furthermore, Alphabet’s cloud activities performed well during the first quarter, with an operating profit of 900 million dollars. This was a substantial increase from previous periods and exceeded analyst expectations.
In other news, there is information related to the installation of air conditioning systems in Montpellier available online. This content provides various links and resources that users can explore for more information on air conditioning installation services in the area. It includes links to profiles on different platforms and websites related to air conditioning services.
