WA REDMOND SEPTEMBER 14TH, 2021 Tuesday’s announcement by Microsoft Corp.’s board of directors stated that the company’s shareholders will receive a dividend of $0.62 per share, an 11 percent increase from the previous quarter. On Dec. 9, 2021, shareholders of record on Nov. 18, 2021, will receive a dividend of $1.25 per share. It will be Nov. 17, 2021, before the ex-dividend date comes.
The company’s board of directors recently approved a $60 billion share repurchase program. At any point, the new share repurchase program, which has no expiration date, can be cancelled.
After a vote by the board of directors, Brad Smith has been named Microsoft’s new president and vice chair. ‘This underscores the unique leadership role Brad plays for the firm, our board of directors and me, with governments and other external stakeholders throughout the world,’ said Satya Nadella, chairman and CEO of Microsoft. Mr. Smith will continue to report to Mr. Nadella in this new executive post.
On the other hand, on Nov. 30, 2021, the firm announced the date for the 2021 Annual Shareholders Meeting. Voting rights will be available to shareholders who hold their shares as of the close of business on September 30, 2021, the record date.
With Satya Nadella, CEO; Amy Hood, CFO; Brad Smith VP and President; and John W. Thompson, lead independent director, Microsoft will host this year’s annual shareholders meeting online.
What months does Microsoft pay dividends?
This month, the $2.2 trillion-dollar tech company announced a dividend hike of 11 percent. To stockholders of record as of Nov. 18, the payment will be made on Dec. 9. Microsoft’s new quarterly dividend of $0.62 equals $2.48 per year, providing the company a dividend yield of around 0.8 percent.
Incredibly, the dividend rise actually accelerates from the 10% dividend increase the business had planned for 2020, which is an impressive feat.
Microsoft’s board of directors approved a $60 billion share repurchase program in connection with the dividend hike announcement. As a result, the corporation now has even more options for returning cash to shareholdersalbeit indirectly, through expanding shareholder ownership in the company by repurchases of its stock.
Is Ford currently paying a dividend?
- During the early days of the Covid epidemic, Ford Motor halted its dividend payments, but the company has since announced it will resume them in the fourth quarter.
- Those stockholders of record at the close of business on Nov. 19 will receive a dividend of 10 cents per share for the fourth quarter, according to the corporation.
- John Lawler, the company’s CFO, estimates that the payout will cost $400 million per quarter.
Can you get rich from dividend stocks?
Your children and/or grandkids can become extremely wealthy if you invest in the top dividend stocks. Many investors can become wealthy or at least financially secure by investing small amounts of money over time in dividend-paying stocks and reinvesting the dividends.
