Microsoft Corporation (NASDAQ:MSFT – Get Free Report) declared a quarterly dividend on Monday, September 15th, RTT News reports. Stockholders of record on Thursday, November 20th will be given a dividend of 0.91 per share by the software giant on Thursday, December 11th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, November 20th. This is a 9.6% increase from Microsoft’s previous quarterly dividend of $0.83.
Microsoft has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 23 consecutive years. Microsoft has a dividend payout ratio of 24.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Microsoft to earn $14.70 per share next year, which means the company should continue to be able to cover its $3.64 annual dividend with an expected future payout ratio of 24.8%.
Microsoft Stock Performance
Shares of MSFT stock opened at $507.49 on Tuesday. The firm’s 50 day moving average is $514.45 and its 200 day moving average is $497.92. The stock has a market capitalization of $3.77 trillion, a P/E ratio of 36.09, a PEG ratio of 2.36 and a beta of 1.02. Microsoft has a 12 month low of $344.79 and a 12 month high of $555.45. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12.
Microsoft Company Profile
Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.
Featured Articles
- Five stocks we like better than Microsoft
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Seagate Stock Could Soar as AI Drives Storage Demand
- How to Start Investing in Real Estate
- Whirlpool’s Worst May Be Over—Upside Opportunity Ahead
- Why Invest in High-Yield Dividend Stocks?
- These 3 Beaten-Down Stocks Could Be Your Best Buying Opportunity This Quarter
Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.
