Microsoft Corporation (NASDAQ:MSFT ) has disclosed a quarterly dividend of $0.83 per share, showcasing a noteworthy increase of $0.08 or 10.7 percent from the last quarter.
As a result of the dividend raise, the dividend yield is now 0.77 percent, calculated from the closing price that was recorded on Monday, 16th September 2024.
Shareholders recorded by the close of business on 21st November 2024, will be entitled to this dividend, which is scheduled for payment on 12th December 2024.
| Type | Dividend | Yield ++ | Ex-Date | Outcome |
|---|---|---|---|---|
| Quarterly | $0.75 | 0.71% | 15-Aug-2024 | Maintained |
| Quarterly | $0.75 | 0.71% | 15-May-2024 | Maintained |
| Quarterly | $0.75 | 0.73% | 14-Feb-2024 | Maintained |
| Quarterly | $0.75 | 0.81% | 15-Nov-2023 | Increased |
| Quarterly | $0.68 | 0.85% | 16-Aug-2023 | Maintained |
++ Yield as on the ex-dividend date
The board of directors also approved a new share repurchase program authorizing up to $60 billion in share repurchases.
