The dividend is interesting. Why not spend that to further grow new businesses for Google? Is it signaling that they're not unfairly using strength in one market to take over another?
It helps add stability to the value of the stock, in simple terms. I think it’s good for a company like Google. A bad demo can crash the price 20%. That makes the dividend yield go up, which makes the stock more attractive. Plus, if you hold for years and years and years you get actual income.