Facebook stock dividend
Facebook Inc. (Nasdaq: FB) is starting to get a taste of what it means to be the king of the social media hill.
Small and more nimble competitors with novel ideas have sprung up and begun to entice young users away from the No. 1 social media platform - a bad omen for Facebook stock, which 11 months after its IPO still trades 29% below its offer price.
According to Piper Jaffray's annual "Taking Stock of Teens" survey, teens are spending less time with Facebook and more with a vast array of alternatives.
Facebook Stock: Time for a Dividend in 2013?
Down about 42% from the $45 high after its initial public offering, Facebook stock (Nasdaq: FB)needs a way to keep investor interest into 2013.
How about paying a dividend?
Facebook stock, at around $26, is up about 20% over the past few months, but still far from its $28 IPO price.
But with nearly $10.5 billion in cash, a Facebook dividend could drive the stock higher by making it more attractive to a wider range of investors.
Here's why CEO Mark Zuckerberg should consider a Facebook stock dividend for the New Year.
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