Alphabet, the parent company of Google and YouTube, is the world’s second-largest company by market capitalization, worth more than $4.3 trillion as of mid 2026.
The company has generated more than $100 billion in annual profit in recent years, and it’s returned some of this cash to shareholders as dividends.
Here’s an overview of Alphabet’s current dividend, its history of dividend payments, and a look at whether the company is likely to increase its dividend any time soon.
Alphabet dividend quick facts
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Current quarterly payout: |
$0.22 per share |
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Current annual payout: |
$0.88 per share |
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Yield: |
0.24% |
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Payout Ratio: |
7.68% |
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Frequency: |
Quarterly |
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Years of dividend increases: |
2 |
*Based on Alphabet’s July 1, 2026 stock price, 2025 earnings, and 12-month total dividends through June 2026.
When & how often does Alphabet pay dividends?
Alphabet pays a cash dividend on a quarterly basis. It operates on a calendar year basis, and payments are made in March, June, September, and December.
When did Alphabet start paying dividends?
Even though Alphabet has been a public company since 2004, it didn’t start paying dividends until two decades later. Alphabet announced its first dividend payment in April 2024 and stated that it intended to pay quarterly cash dividends “in the future, subject to review and approval by the Company’s Board of Directors in its sole discretion.”
Its first dividend payment was 20 cents per share, paid on June 27, 2024, to stockholders of record as of June 10, 2024, on each of the company’s Class A, Class B, and Class C shares.
The payments came as Alphabet’s net income continued to grow over the years, reaching a record $100 billion in 2024. In 2025, earnings rose nearly a third to $132 million.
Related: Does AMD pay dividends? How the chipmaker spends its money
Alphabet’s dividend history & future prospects
For its first quarterly dividend, Alphabet paid 20 cents a share in June 2024.
Every June since, that quarterly payment has increased by 1 cent, to 21 cents per share starting in June 2025, then to 22 cents per share in June 2026.
Should the company continue to follow this pattern, it may increase its quarterly per-share dividend payout to $0.23 in June 2027.
More on dividends:
- Apple’s dividend explained: Yield, history & more
- Amazon’s dividends & stock splits: What you need to know
- How much does Home Depot pay in dividends?
Who benefits the most from Alphabet’s dividend?
Large shareholders tend to benefit the most from dividend payments. In Alphabet’s case, the two largest individual shareholders are the company’s founders, who are among the world’s wealthiest people, with each having a net worth exceeding $260 billion. Only Elon Musk, with a net worth of more than $920 billion, is richer.
Based on Alphabet’s 2026 proxy statement, Larry Page owned 389 million shares of Class B common stock, and Sergey Brin owned 358 million shares. Together, they held 89.4% of the Class B shares. Page would have been paid $322 million and Brin $280 million, based on the 2025 annual dividend of 83 cents.
Across its three classes of shares, a total of $4.8 billion was paid to Class A shareholders, $703 million to Class B shareholders, and $4.5 billion to Class C shareholders in 2025.
What is Alphabet’s payout ratio?
In 2025, Alphabet paid a total of 83 cents a share in dividends and posted net income of $10.81 a share.
Payout ratio is calculated by dividend per share divided by earnings per share. For 2025, that payout ratio was 7.68%. By comparison, Home Depot’s 2025 payout ratio was 65%.
What is Alphabet’s dividend yield?
Alphabet’s 12-month dividend yield was 0.24% in early July 2026. That’s based on the 12-month dividend payment of 85 cents through June 2026, and a Class C share price of $357.89.
