Alphabet Stock Class C: The Ultimate Guide

Alphabet Inc., the parent company of Google, is a publicly traded company with three classes of stock: A, B, and C. Class A shares are the most widely traded and have one vote per share. Class B shares have 10 votes per share and are held primarily by Alphabet's founders, Larry Page and Sergey Brin. Class C shares have no voting rights and are held by employees and other investors.

In this article, we will take a closer look at Alphabet's Class C shares. We will discuss the history of the stock, its current price, and its potential future performance. We will also provide a step-by-step guide on how to buy Alphabet Class C shares.

History of Alphabet Class C Shares

Alphabet Class C shares were created in 2014 as part of Google's restructuring into Alphabet Inc. The purpose of the split was to give Alphabet's founders more control over the company. Page and Brin each own a majority of the Class B shares, which give them a total of 56% of the voting power.

The Class C shares were initially offered to employees and other investors at a price of $20 per share. The stock has since split twice, in 2015 and 2018. After the most recent split, each Class C share is worth 1/200 of a Class A share.

Current Price of Alphabet Class C Shares

As of March 8, 2023, Alphabet Class C shares are trading at $104.80 per share. The stock has been on a steady upward trend in recent years, and analysts expect it to continue to rise in the future.

Potential Future Performance of Alphabet Class C Shares

Alphabet is a leading company in the technology industry, and its Class C shares are a good investment for long-term investors. The company has a strong track record of innovation and growth, and it is well-positioned to benefit from the continued growth of the internet economy.

Analysts expect Alphabet's Class C shares to continue to rise in value in the future. The average price target for the stock is $120 per share, which represents a potential upside of 14.5%.

How to Buy Alphabet Class C Shares

You can buy Alphabet Class C shares through any major online broker. The following are the steps involved:

1. Open a brokerage account.
2. Fund your account with enough money to purchase the shares you want.
3. Place an order to buy Alphabet Class C shares.
4. Enter the number of shares you want to buy and the price you are willing to pay.
5. Click the "Buy" button.

Your order will be executed immediately if the market is open. You will then own the shares you purchased.

Benefits of Investing in Alphabet Class C Shares

There are several benefits to investing in Alphabet Class C shares:

• Growth potential: Alphabet is a leading company in the technology industry, and its Class C shares have the potential to grow in value significantly over the long term.
• Dividend income: Alphabet pays a quarterly dividend on its Class C shares. The current dividend yield is 1.2%.
• Tax advantages: Alphabet Class C shares are eligible for the dividend received deduction. This deduction can reduce your tax liability if you hold the shares in a taxable account.
• Liquidity: Alphabet Class C shares are traded on the Nasdaq Stock Market, which makes them easy to buy and sell.
• Low cost: Alphabet Class C shares are relatively inexpensive, which makes them a good investment for investors of all levels.

FAQs About Alphabet Class C Shares

Here are some frequently asked questions about Alphabet Class C shares:

• What is the difference between Alphabet Class A, B, and C shares?
  Class A shares have one vote per share, Class B shares have 10 votes per share, and Class C shares have no voting rights.
• Who owns the majority of Alphabet's Class C shares?
  Alphabet's employees and other investors own the majority of the Class C shares.
• Are Alphabet Class C shares a good investment?
  Yes, Alphabet Class C shares are a good investment for long-term investors. The company has a strong track record of innovation and growth, and its shares have the potential to grow in value significantly over the long term.
• How can I buy Alphabet Class C shares?
  You can buy Alphabet Class C shares through any major online broker.
• What is the dividend yield on Alphabet Class C shares?
  The dividend yield on Alphabet Class C shares is 1.2%.
• Are Alphabet Class C shares eligible for the dividend received deduction?
  Yes, Alphabet Class C shares are eligible for the dividend received deduction.