Alphabet raises its dividend again, up 4.8% to $0.22 per quarter
As seen on the 24/7 Wall St. homepage on September 4, 2026.
Alphabet lifted its quarterly payout 4.8% to $0.22, its second raise in the two years since it started paying at all. A company spending heavily on AI infrastructure is still committing more cash to shareholders.
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Alphabet has raised its quarterly dividend to $0.22, a 4.8% increase from the prior payout and the second raise since it began paying a dividend two years ago. Back-to-back raises signal that cash distribution is becoming a genuine part of the capital allocation story.
Alphabet is pouring money into AI infrastructure at a scale few companies can match, yet it is still finding room to hand more cash to shareholders each year. Heavy investment cycles often crowd out dividend growth, and that trade-off is not showing up yet.
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At $0.22 per quarter, the yield stays modest by any traditional income standard. Income-oriented investors will be tracking the direction of travel, two raises in two years.
The ex-dividend date for this payout is September 4, 2026, so investors must hold shares before that date to receive it. With only two years of dividend history, Alphabet is still early in building the track record dividend-focused funds require.