Microsoft Boosts Quarterly Dividend By 10% From $0.75 To $0.83 Per Share
Portfolio Pulse from Benzinga Newsdesk
Microsoft has announced a 10% increase in its quarterly dividend, raising it from $0.75 to $0.83 per share. The dividend will be payable on December 12, 2024, to shareholders of record on November 21, 2024, with the ex-dividend date also on November 21, 2024.
September 16, 2024 | 9:59 pm
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Microsoft has increased its quarterly dividend by 10%, from $0.75 to $0.83 per share. This move reflects the company's strong financial health and commitment to returning value to shareholders.
The increase in dividend indicates Microsoft's strong financial position and its commitment to rewarding shareholders, which is likely to positively impact the stock price in the short term as it attracts income-focused investors.
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