How To Earn $500 A Month From Microsoft Stock Following Earnings Beat
Portfolio Pulse from Lisa Levin
Microsoft Corporation (NASDAQ:MSFT) reported stronger-than-expected fiscal first-quarter results with a 13% YoY revenue increase to $56.5 billion, beating the consensus estimate of $51.4 billion. The company's quarterly earnings were $2.99 per share, exceeding expectations of $2.50 per share. Microsoft offers an annual dividend yield of 0.88%, which equates to a quarterly dividend of 75 cents per share. To earn $500 per month from dividends, an investment of approximately $681,340 or around 2,000 shares is needed.
October 26, 2023 | 1:01 pm
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Microsoft's stronger-than-expected Q1 results and its dividend yield of 0.88% could attract investors, potentially driving the stock price up.
Microsoft's strong Q1 results exceeded expectations, which is a positive signal for investors. Additionally, the company's dividend yield of 0.88% could be attractive to income-focused investors. These factors could increase demand for the stock, potentially driving the price up.
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