Alphabet increased its quarterly dividend by 4.8% to $0.22 per share.
This marks the second increase since the company initiated dividend payments two years ago.
The ex-dividend date was September 4, 2026, with the payment scheduled for September 14, 2026.
The hike occurs while Alphabet maintains heavy capital expenditure in artificial intelligence infrastructure.
Management indicates that these AI investments do not restrict the company's ability to return cash to shareholders.
The move serves as a key indicator of Alphabet's financial strength and positive outlook for future cash flow.