Microsoft's Stock Price and Dividend Yield
A Solid Investment with a Steady Dividend
Microsoft (MSFT) is a leading technology company with a long history of innovation and financial success. The company's stock is publicly traded on the Nasdaq Global Select Market under the ticker symbol 'MSFT'. As of April 18, 2024, Microsoft's stock price was $410.20 per share, with a market capitalization of over $2.2 trillion.
Microsoft pays an annual dividend of $3.00 per share, which translates to a forward yield of 0.75%. The dividend is paid quarterly, with the next payment scheduled for Thursday, June 13, 2024. To be eligible for the dividend, shareholders must own Microsoft stock by the record date, which is typically two business days before the payment date.
Microsoft's dividend has grown steadily over the years, reflecting the company's strong financial performance. In 2023, Microsoft increased its dividend by 10%, marking the 11th consecutive year of dividend growth. The company's commitment to returning cash to shareholders is a testament to its financial strength and its confidence in its future growth prospects.
For investors seeking a stable and dividend-paying stock, Microsoft Corporation (MSFT) is a solid investment option. The company's strong financial position, consistent dividend growth, and leadership in the technology sector make it a reliable choice for long-term investors.
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