A critical deadline is quietly approaching for passive income traders who can add extra money just by remaining invested. Alphabet announced during its previous quarterly results that the company will pay a dividend to investors who hold Google stock (NASDAQ: GOOG). The date to lock in the dividend payout is nearing, and a miss could lead to skipping out on the passive income.

Alphabet announced the ex-dividend date for Google stock investors will be locked in on Monday, June 8, 2026. Therefore, to be eligible for the payout, investors must buy GOOG on or before the closing bell on June 5, 2026. Purchasing the equity after the date will not make traders eligible to receive the payout from Alphabet.

Traders who invest in Google stock before the ex-dividend date will receive the payout a week later on June 15, 2026. The amount will be sent to the respective brokerage and will then be distributed among investors accordingly. Anyone who invests in GOOG after the ex-dividend date will miss out on the payout.

Ex-Dividend Date: June 8, 2026
Payment Date: June 15, 2026

Also Read: Google Stock To Hit $425 as Alphabet Teams With Blackstone For AI Push

How Much Dividend Per Share Will Google Stock Investors Receive?

Alphabet’s Board of Directors declared a quarterly cash dividend of $0.22 per share for both Class A and Class C Google stock. Therefore, if you own 100 GOOG shares, you will receive $22 worth of dividends in your portfolio on June 15, 2026. While the amount looks small, leaving it there to multiply as the company grows could snowball into bigger digits.

However, those who own 1,000 GOOG shares will receive a bigger payout of $220. This could snowball at a faster rate over the years if kept idle for the long term. The upcoming distribution could push Google stock towards positive momentum due to the psychological impact. In addition, buying GOOG could likely increase next week, as investors become eligible for the dividend.