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.

Continue reading

Source Fool.com