Tech Meta stock surges 14%. Investors are loving its first-ever dividend

Meta's stock price surged 14% after the company reported strong earnings and announced its first-ever dividend. Investors were pleased with the company's turnaround strategy, which involved cost cuts and a focus on growing its advertising business. The dividend is also seen as a sign of confidence in the company's future.

Here are some of the key points from Meta's earnings report:

• Profit: $14 billion, up from $4.5 billion in the same period last year.
• Revenue: $40 billion, up from $32 billion in the same period last year.
• Dividend: $0.50 per share, to be paid out on March 26.
• Share buyback: $50 billion.

Meta's stock price has been on a tear lately, up more than 100% in the past year. The company's strong earnings report and first-ever dividend are likely to further boost investor confidence in the stock.

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However, it is important to note that there are also some risks associated with investing in Meta. The company faces competition from other tech giants, such as Alphabet and Amazon. It is also unclear how the company will be able to continue to grow its advertising business in the face of increasing privacy regulations.

Overall, Meta's stock price is likely to remain volatile in the near term. However, the company's strong earnings report and first-ever dividend are positive signs for the future.