Microsoft Corporation Common Stock Dividends: An Overview
Current Yield and Historical Performance
Microsoft Corporation (MSFT) has established a track record of providing reliable dividends to its shareholders. Currently, the stock offers an annual dividend of $3.00 per share, resulting in a forward yield of 0.71%. This yield is comparable to the average yield of companies in the technology industry. Over the past several years, Microsoft has consistently increased its dividend payments. This history of dividend growth has been a key factor in attracting and retaining investors who seek income-generating investments.
Dividend Payment Schedule
Microsoft pays its dividends quarterly, with ex-dividend dates typically falling in February, May, August, and November. The payment dates are typically three weeks after the ex-dividend date. The next ex-dividend date is May 15, 2024, with the payment date being June 9, 2024.
Dividend Reinvestment Plan
Microsoft offers a dividend reinvestment plan (DRIP) that allows shareholders to automatically reinvest their dividends into additional shares of MSFT stock. This plan can be a convenient way to increase one's ownership stake in the company over time, without having to manually purchase shares.
Direct Stock Purchase Plan
Computershare, Microsoft's transfer agent, administers a direct stock purchase plan (DSPP). This plan allows investors to purchase shares of MSFT stock directly from the company, without having to go through a broker. The DSPP can be a cost-effective way to invest in Microsoft, as it typically involves lower fees than traditional brokerage accounts.
Additional Information
For more information about Microsoft's dividend policy, investors can contact Computershare directly at 800-285-7772, Option 1, between the hours of 8 AM Eastern Time Monday through Friday.
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