Google’s head of search spam, Matt Cutts posted a video today answering how does Google handle one page that has two links pointing to the same page. Does it pass PageRank the same way? How does Google handle the anchor text, if the anchor text differs.
In short, Mat Cutts said:
(1) PageRank flows to each link individually as it would any other link on the page, at least according to the original PageRank document.
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In 2008, a Moz study reported this, claiming the first anchor text counts and the last does not. I am not sure if others have run this experiment again, but this is Google confirming that in 2009, it worked this way.
Here is the video:
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