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Amazon has not yet decided on dividends for 2024.

Amazon's dividend policy has always been to reinvest profits year after year. Since going public in 1997, the company has not distributed dividends to its shareholders for more than 25 years. At its May 25, 2022 shareholder meeting, the technology company approved a $10 billion share buyback.

Payout Ratio Amazon Dividends

In the last fiscal period, Amazon paid no dividends, resulting in a dividend payout ratio of 0%.
Amazon has not distributed dividends in the last fiscal period, therefore, the payout ratio is 0%.
Dividend payout ratio
Payout Ratio

Dividend calendar of Amazon

There is no Dividend Calendar of Amazon defined for 2024.

Why doesn't Amazon pay dividends?

Surely you have been surprised to see that Amazon does not distribute dividends despite being a very large company and also has many benefits. Well, you have to understand that the company belongs to a high-growth sector, so the vast majority of competitors choose not to distribute dividends and reinvest profits in growing the business. In this way they benefit the investor much more.

Normally, companies that pay dividends tend to be mature businesses, which are not growing, such as banks, insurance companies and electricity companies.

Last Amazon Split

On June 3, 2022, Amazon carried out its fourth split in its history, the last time was in September 1999. The company will distribute 19 shares to investors for each share they own.

Information about Amazon

Full name Amazon.com, Inc.
Ticker AMZN
Sector Cyclical Consumer Products
Industry Internet Retail
Market Capitalization 1.97T $
Number of Employees 1,500,000
Description of the company

Amazon is an American multinational e-commerce company founded by Jeff Bezos in 1994. It began by selling books on the Internet and has grown to become one of the largest and most valued companies in the world. The company offers a wide range of products and services online, including books, video games, electronics, clothing, food and much more.

The company has also launched a number of products such as Alexa in 2014, its virtual assistant, and in 2005, the Prime subscription, which offers same-day order deliveries.

Amazon also owns a number of other well-known brands such as streaming platform Twitch and grocery chain Whole Foods Market. It has also invested in a number of technology companies focused on artificial intelligence and robotics.

The company was the second company in history to surpass $1 trillion in valuation behind Apple.

Frequently asked questions about Amazon dividends

Amazon is listed on the U.S. Technology Index and is part of the Nasdaq.

Amazon has the Ticker or stock code AMZN.

The CEO of Amazon in 2024 is Mr. Jeffrey P. Bezos.

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