Microsoft Dividend News: Latest Updates on Annual Dividends and Forward Yield
Microsoft's Annual Dividend and Forward Yield
Microsoft Corporation (MSFT) has announced its latest financial figures, including an annual dividend of $3.00 per share. This reflects a forward yield of 0.73% based on the current stock price.
Dividend Payment Schedule
Microsoft's dividend is paid every three months. The next dividend payment is scheduled for December 8, 2023.
Key dates for the upcoming dividend payment are:
- Declaration date: November 28, 2023 (Tuesday)
- Ex-dividend date: February 14, 2024 (Wednesday)
- Record date: February 15, 2024 (Thursday)
- Payment date: December 8, 2023 (Friday)
Dividend Track Record
Microsoft has a history of paying consistent dividends. In fact, the company has increased its dividend for 14 consecutive years, making it a Dividend Aristocrat.
Upcoming Ex-Dividend Date
Microsoft's next ex-dividend date is May 15, 2024. This means that investors who purchase Microsoft shares on or after this date will not be eligible for the upcoming dividend payment.
Conclusion
Microsoft's strong dividend and commitment to returning value to shareholders make it an attractive investment option for income-oriented investors. The company's high yield and consistent dividend track record provide investors with a reliable source of passive income.
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