How Much Will Microsoft Pay Out in Dividends This Year?
Microsoft's (NASDAQ: MSFT) impressive gains and market capitalization, currently over $3 trillion, have earned it a spot among the "Magnificent Seven" stocks. It's made headlines as the world's second-most valuable company, but what often gets overlooked is the dividend. While Microsoft's paltry yield of less than 1% is nothing to brag about at the moment, it's certainly something to keep an eye on as the company approaches two decades of dividend increases.
Here's a quick answer. Microsoft has declared a quarterly dividend of $0.75 per share for fiscal year 2024 (which ended on June 30). On an annual basis, this totals $3.00 per share.
If you add up all the shares of Microsoft stock outstanding -- 7.43 billion as of the latest financial reports -- and multiply this by the annual dividend per share of $3.00, you get a dividend payout of approximately $22.29 billion this year.
Source Fool.com
Microsoft Corp. Stock
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With a target price of 424 € there is a slightly positive potential of 14.87% for Microsoft Corp. compared to the current price of 369.1 €.
