When it comes to September 14, 2021 in Redmond, Wash. Shareholders of Microsoft Corp. received a dividend of $0.62 per share on Tuesday, an 11 percent increase over the previous quarter’s payout of $0.60. On Dec. 9, 2021, shareholders of record on Nov. 18, 2021, will receive a dividend of $1.25 per share. The ex-dividend date is November 17, 2021.
The company’s board of directors recently approved a $60 billion share repurchase program. There is no time limit on the new share repurchase program, thus it can be ended at any time.
A vote by Microsoft’s board of directors has confirmed Brad Smith’s nomination as president and vice chairman. ‘This represents the unique leadership position that 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. As before, Mr. Smith will continue to report to Mr. Nadella in his new role as chief operating officer.
In addition, the date of the 2021 Annual Shareholders Meeting, which will take place on November 30, 2021, was announced. 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?
Tech giant Apple recently announced an 11 percent increase in its quarterly dividend. The dividend is due on December 9th and must be received by shareholders by the close of business on November 18th in order to be paid. In terms of yield, Microsoft’s new quarterly dividend of $0.62 equals $2.48 per year, or around 0.8 percent.
The dividend rise is impressive because it represents an acceleration of the 10% dividend increase planned by the firm in 2020.
Microsoft’s board of directors also approved a $60 billion share repurchase program in connection with the company’s dividend hike announcement. So the corporation may now return more cash to shareholders, albeit in the form of share buybacks, boosting shareholder ownership in the business.
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.
- Investors whose shares were recorded by the close of business on November 19 will receive a dividend of 10 cents per share on outstanding common and Class B stock on December 1, according to the corporation.
- CFO John Lawler estimates that the cost of the dividend per quarter will be $400 million.
What is the dividend yield for Tesla?
Since 1971, Tesla (TSLA) has paid out dividends to shareholders. As of December 3, 2021, Tesla (TSLA) is paying out $0.00 in dividends to shareholders. As of December 3, 2021, Tesla’s dividend yield is 0.00 percent.