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. Holders of record as of November 18, 2020 will get the dividend on December 9, 2021. It will be Nov. 17, 2021, before the ex-dividend date is set.
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. Satya Nadella, Microsoft’s chairman and CEO, remarked that “this represents the unique leadership role that Brad plays for the firm, our board of directors and me, with governments and other external stakeholders throughout the world.” 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.
Satya Nadella, chairman and CEO, Amy Hood, CFO, Brad Smith, president and vice chairman, and John W. Thompson, Microsoft’s lead independent director, will host this year’s virtual annual shareholders meeting.
Does Microsoft pay dividends on their stock?
Microsoft distributes billions of dollars in quarterly dividends to shareholders. For the past 12 years, the software company has increased its dividends. Although Microsoft’s current dividend yield is rather modest, the company’s dividend growth prospects make it an excellent dividend investment.
How many times has MSFT split?
At the IPO price of $21, you could have purchased 47.6 shares of Microsoft for a total investment of $1,000.
In 1987 and 1990, Microsoft stock was split in two parts by a factor of two. In 1991 and 1992, there were two more 3:2 stock splits. A further five splits of two-to-one occurred in 1994, 1996, 1998, 1999, and 2003.
Over the period of 35 years, the 47.6 Microsoft shares have grown to 13,708.80 Microsoft shares.
Based on Microsoft’s current share price of $268.73, the $1,000 investment is currently worth $3,683,965.
How many shares of Microsoft Does Bill Gates Own?
It marks the first time in the company’s history that Microsoft founder Bill Gates is no longer the company’s largest shareholder. As of today, Mr. Gates controls over 330 million shares in Microsoft, putting him in second place after former CEO Steve Ballmer (who currently holds approximately 333 million shares).
At Microsoft’s initial public offering (IPO) in 1986, Gates had a 49 percent stake, making him an immediate multimillionaire. With Microsoft’s rapid expansion, he quickly became the richest person in the world, according to Forbes, and has held that rank ever since, with a fortune of $77 billion.
After stepping down as CEO in 2000, Gates became chairman in February of that year. After being replaced by Satya Nadella, he is still on the board and spends one-third of his time as a technological advisor to the new CEO.
Mr. Gates’ first hire, Ballmer, was Microsoft CEO until earlier this year, when he was replaced. A passing of the torch for Bill Gates, who has always held a majority stake in his company’s shares, as he steps down as chairman of the board. Since its inception in 1997, the foundation has spent more than $28 billion battling poverty and hunger. The Bill & Melinda Gates Foundation, largely funded by his Microsoft fortune, has been his primary focus for the past six years.
Guess who’s going to heaven: the people who believe that “every generous deed is a stepping stone to heaven.”
What Will MSFT stock be in 5 years?
Microsoft’s stock is rated a ‘buy’ by 32 analysts, according to Market Beat, who range from the most optimistic to the most negative.
MSFT stock is expected to grow 1.8 percent over the next year, to $349.87. Highest and lowest predictions were $407 and $275 respectively.
In the last 90 days, the stock has been given a rating by roughly 20 analysts. Wells Fargo’s Micahel Turrin began covering Microsoft on November 22nd, and his most recent piece appeared on the same day. “Bright future ahead” was cited as the reason for the analyst’s ‘overweight’ rating and $400 price objective for the company.
At what age did Bill Gates became a billionaire?
In 1987, Bill Gates became the world’s youngest billionaire. Microsoft cofounder Bill Gates became the world’s youngest billionaire in 1987 at the age of 31. He was the richest man in the world in 1995, with a fortune estimated at $12.9 billion.
What was MSFT IPO price?
Bill Gates (age 19) and Paul Allen (age 21) were childhood friends and college dropouts when they created Microsoft in Albuquerque, New Mexico, in 1975. (age 22). Bellevue, Washington became Microsoft’s new home in 1979. When IBM purchased its first personal computer in 1981, Microsoft was well on its way to becoming the de facto industry standard for computer platforms thanks to the MS-DOS operating system it leased from the business. As a result, Microsoft received a cut of every PC sold. MS-DOS became the worldwide standard for desktop computing when most PC makers licensed it as their operating system. In November 1985, Microsoft debuted Windows, a multitasking operating system with an unique graphical user interface.. The company relocated to Redmond, Washington, a year later.
Microsoft was one of the three major players by the mid-1980s “among the personal software industry’s “giants” such as Lotus Development Corporation and Ashton-Tate. When Microsoft was founded in 1986, the only one of these three that wasn’t publicly traded was IBM. As a result of a generous employee stock option policy, Microsoft was quickly approaching 500 private investors, which would have required the business to register with the Securities and Exchange Commission (SEC).
Additional 295,000 shares were sold above the 2.5 million Microsoft had planned to offer because of the high demand. About 3.5 million Microsoft shares had traded by the end of the first trading day on March 13th, 1986, and the price was US$28. The 1986 release (dubbed) was a huge success “One of the year’s most anticipated initial public offerings (called “the IPO of the year” by many analysts by the Wall Street Journal) earned US$61 million in Microsoft’s (US$140 million in 2019 currency) market capitalization.
Does Johnson and Johnson pay dividends?
New Brunswick, New Jersey (Jan. 4, 2021) The New Brunswick, New Jersey (January 4, 2021) The Board of Directors of Johnson & Johnson declared a cash dividend of $1.01 per share of common stock for the first quarter of 2021, the firm said today. If you’re a shareholder as of February 23, 2021, you’ll get a dividend check in the mail on March 9, 2021. The stock will cease to trade on that date in the year 2021, when the dividend will have been paid.
We at Johnson & Johnson believe that excellent health is a prerequisite for a fulfilling life, a prosperous community, and a bright future. That’s why we’ve been working to keep people healthy for almost a century now. “As a global healthcare firm, we are committed to harnessing our size and reach for the greater good,” we said in a statement. Access and affordability, as well as creating healthier communities, are our main goals. We also want to make healthy living accessible to everyone, everywhere. As a team, we’re combining our passion, knowledge, and creativity to have a significant impact on the world’s health for everyone.
