Microsoft on Wednesday declared an 11% quarterly dividend increase, the latest in a series of regular hikes.
The company announced shortly after the closing bell that its quarterly dividend, now 46 cents a share, will increase to 51 cents.
The company’s market capitalization is a little more than $1 trillion.
What is Microsoft’s dividend?
18, 2019 — Microsoft Corp. on Wednesday announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter’s dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov.
Does Home Depot pay dividends?
Home Depot’s upcoming dividend is US$1.36 a share, following on from the last 12 months, when the company distributed a total of US$5.44 per share to shareholders. Dividends are typically paid from company earnings.
Is Microsoft stock a good buy now?
Microsoft Corporation (NASDAQ:MSFT) is not the most popular stock in this group but hedge fund interest is still above average. Our calculations showed that top 20 most popular stocks among hedge funds returned 41.3% in 2019 and outperformed the S&P 500 ETF (SPY) by 10.1 percentage points.