Microsoft Corporation (NASDAQ:MSFT) Declares Quarterly Dividend of $0.91

Microsoft Corporation (NASDAQ:MSFT) declared a quarterly dividend on Tuesday, December 2nd. Investors of record on Thursday, February 19th will be paid a dividend of 0.91 per share by the software giant on Thursday, March 12th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, February 19th.

Microsoft has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 23 years. Microsoft has a payout ratio of 24.1% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Down 1.6%

NASDAQ:MSFT traded down $7.83 during trading hours on Wednesday, hitting $482.17. The company’s stock had a trading volume of 18,405,474 shares, compared to its average volume of 22,133,152. Microsoft has a 52-week low of $344.79 and a 52-week high of $555.45. The company has a current ratio of 1.40, a quick ratio of 1.39 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $3.58 trillion, a P/E ratio of 34.30, a price-to-earnings-growth ratio of 1.82 and a beta of 1.07. The stock has a fifty day moving average of $509.01 and a 200-day moving average of $501.08.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.65 by $0.48. Microsoft had a return on equity of 32.45% and a net margin of 35.71%.The business had revenue of $77.67 billion during the quarter, compared to analysts’ expectations of $75.49 billion. During the same period in the prior year, the firm posted $3.30 EPS. The business’s quarterly revenue was up 18.4% compared to the same quarter last year. On average, equities analysts forecast that Microsoft will post 13.08 earnings per share for the current year.

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.