The $2.2 trillion IT behemoth announced an 11 percent raise in its quarterly dividend earlier this month. It will be paid to stockholders of record on November 18th on December 9th. The new $0.62 quarterly dividend equals $2.48 per year, providing Microsoft a dividend yield of around 0.8 percent.
Does Microsoft pay dividends 2021?
REDMOND, WA — 14 SEPTEMBER 2021 — Microsoft Corp. stated on Tuesday that its board of directors has declared a quarterly dividend of $0.62 per share, up 6 cents or 11% from the previous quarter’s payout. The dividend will be paid on December 9, 2021, to shareholders who were on the register on November 18, 2021. The ex-dividend date for this stock will be November 17, 2021.
The board of directors also approved a fresh share repurchase program with a maximum limit of $60 billion. The new share repurchase program has no set end date and can be ended at any moment.
Microsoft’s board of directors has approved Brad Smith’s appointment as president and vice chair. “This represents Brad’s unique leadership position in interacting with governments and other external stakeholders throughout the world for the firm, our board of directors, and myself,” said Satya Nadella, chairman and chief executive officer of Microsoft. Mr. Smith’s executive role has been revised, and he will continue to report to Mr. Nadella.
The business also announced the date for the 2021 Annual Shareholders Meeting, which will take place on November 30, 2021. Shareholders will be able to vote their shares at the close of business on September 30, 2021, the record date.
Satya Nadella, chairman and chief executive officer; Amy Hood, chief financial officer; Brad Smith, president and vice chair; and John W. Thompson, Microsoft lead independent director, will host this year’s annual shareholders meeting virtually.
What months does Apple pay dividends?
On November 5, 2021, Apple Inc. (AAPL) will begin trading ex-dividend. On November 11, 2021, the company will issue a cash dividend of $0.22 per share. The cash dividend is payable to shareholders who acquired AAPL before the ex-dividend date. AAPL has paid the same dividend for the third quarter in a row. The dividend yield is.58 percent at the current stock price of $151.49.
How often does Microsoft stock split?
You could have bought 47.6 shares of Microsoft for $1,000 at the IPO price of $21.
Microsoft stock splits, including 2:1 stock splits in 1987 and 1990, were part of a sequence of stock splits. Following those splits, 3:2 stock splits were implemented in 1991 and 1992. In 1994, 1996, 1998, 1999, and 2003, Microsoft shares were split 2:1 once more.
Over the period of 35 years, the 47.6 Microsoft shares have grown to 13,708.80.
Based on Microsoft’s current share price of $268.73, the $1,000 investment has now grown to $3,683,965.
Do Tesla pay dividends?
Tesla’s common stock has never paid a dividend. We want to keep all future earnings to fund future expansion, so no cash dividends are expected in the near future.
Does Starbucks dividend?
Is Starbucks’ stock subject to a dividend? Yes, Starbucks pays a quarterly dividend on its common stock, which is now 41 cents per share.
What is Coca Cola dividend?
Coca-Cola pays a quarterly dividend of $0.42 per share, resulting in a dividend yield of 3.07 percent. The company’s dividend payout ratio, or the percentage of earnings paid out as dividends, has risen to over 100% in recent years. In particular, a dividend payout ratio of more than 100% is unsustainable in the long run since the company will eventually run out of cash.
