Dividend Payouts Are Latest Sign of Big Tech’s Financial Muscle

(Bloomberg) -- After years of chasing growth at all costs, tech firms are taking a page from the playbook of old-school value businesses — paying a dividend. Throwing off more cash than they can spend, the shift to a regular payout provides more evidence for the companies’ financial strength.Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneTrump Pledges Across-the-Board Tax Cuts If He Returns to OfficeIce Cube’s Big3 Basketball League Sells Its First