Microsoft Announces Dividend Increase

Company Raises Dividend by 10% to $0.68 Per Share

Dividends Have Increased Over 100% in the Past Decade

Microsoft (MSFT) announced a 10% increase to its quarterly dividend, raising it from $0.62 to $0.68 per share. This marks the company's tenth dividend increase in the past decade, bringing the total increase to over 100% since 2012.

Microsoft now has an annual dividend of $2.72 per share, with a forward yield of 0.74%. The dividend is paid every three months, and the next ex-dividend date is May 15, 2024.

Microsoft's most recent quarterly dividend payment of $0.75 per share was made to shareholders on Thursday, March 14, 2024. The next Microsoft Corporation dividend will go ex in 23 days for $0.75 and will be paid in 2 months.

The company's consistent dividend growth is a testament to its strong cash flow and financial health. Microsoft is one of the most profitable companies in the world, with annual revenue of over $500 billion.

Investors who are looking for income and growth should consider Microsoft as a potential investment. The company's strong financial position and history of dividend increases make it a reliable choice for investors seeking long-term returns.