Meta Platforms Inc. is strengthening its investor appeal through a new quarterly dividend payout of $0.525 per share and strategic platform expansion efforts. These efforts include a trial partnership with Allegro.eu SA to display ads on Facebook Marketplace and accelerating Instagram engagement with global time spent up 18% YoY. Analysts at Citizens have reiterated a Market Outperform rating and a $900 target on Meta Platforms, citing strong user growth on Instagram.
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Meta (META) Strengthens Investor Appeal With Dividend Payout and Platform Expansion Efforts
Meta Platforms Inc. is strengthening its investor appeal through a new quarterly dividend payout of $0.525 per share and strategic platform expansion efforts. These efforts include a trial partnership with Allegro.eu SA to display ads on Facebook Marketplace and accelerating Instagram engagement with global time spent up 18% YoY. Analysts at Citizens have reiterated a Market Outperform rating and a $900 target on Meta Platforms, citing strong user growth on Instagram.