Microsoft Boosts Its Dividend Again. Here's How High the Payout Could Get Over the Next 20 Years
Microsoft (NASDAQ: MSFT) isn't a stock that dividend investors would normally select based on its yield. After all, at less than 1%, it's a below-average payout. Most investors target it for its growth prospects as it isn't all that exciting as an income-generating investment at the moment. But given its strong financials and its consistently increasing payouts in recent years, Microsoft could make for a viable dividend stock in the long run.
The company raised its dividend recently, and more rate hikes could be coming. Here's a look at how much annual dividend income Microsoft stock could generate for you in the future.
On Sept. 19, Microsoft announced it would be increasing its quarterly per-share dividend to $0.75, a 10% increase from its most recent payment of $0.68 a share. This bump-up would apply to the first quarterly payment of fiscal 2024. It's a relatively high rate of increase, but it's not uncommon for the tech company. Here's a look at Microsoft's annual dividend hike percentages over the past 10 years.
Source Fool.com
Microsoft Corp. Aktie
Klare Kaufstimmung für Microsoft Corp.: Viel mehr Buy- als Sell-Einschätzungen.
Ein positives Kurspotenzial für Microsoft Corp. ist gegeben, mit einem Kursziel von 431 € über dem aktuellen Kurs von 384.5 €.
