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 canceled.
Board members endorsed Brad Smith’s nomination as president and vice chairman of Microsoft. According to Microsoft CEO Satya Nadella, “This underscores the unique leadership position that Brad plays for the firm, our board of directors, and myself, with governments and other external stakeholders throughout the world. For the time being, Mr. Smith will continue to report to Mr. Nadella in this new position.
As a follow-up announcement, the company stated that its 2021 Annual Shareholders Meeting will be place on November 30, 2021. 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 do Microsoft pay dividends?
It was reported earlier this month that the $2.2 trillion internet corporation will be increasing its quarterly payout by 11%. To stockholders of record as of Nov. 18, the payment will be made on Dec. 9. In terms of yield, Microsoft’s new quarterly dividend of $0.62 equals $2.48 per year, or around 0.8 percent.
It’s impressive that the dividend rise really indicates an acceleration from the 10% dividend increase the business had planned for 2020..
Microsoft’s board of directors also approved a $60 billion share repurchase program in connection with the dividend hike announcement. Additionally, it provides a means by which the corporation might increase shareholder participation in the company by the purchase of additional shares.
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.
- Ten cents per share will be paid out to shareholders of record at the end of business Nov. 19 for the fourth-quarter dividend, the company said.
- John Lawler, the company’s CFO, estimates that the payout will cost $400 million per quarter.
Does Tesla pay a dividend?
Tesla’s common stock has never been paid a dividend. We do not expect to pay any cash dividends in the near future because we plan to use all future earnings to fund future growth.
What is Disney’s dividend?
Disney declares a semi-annual cash dividend of $0.88 per share. As of November 27th, 2021 The Walt Disney Corporation. “The Walt Disney Company has announced a dividend of $0.84 per share for the second half of the year.” Accessed on November 30th.
