Is a Big Dividend Hike Coming for Microsoft's Stock?
(NASDAQ: MSFT) has been synonymous with growth over the years. And it has also been paying -- and increasing -- its dividend for many years.
This year is an encouraging one for Microsoft. The stock is soundly beating the S 500, the company has some new growth opportunities that are emerging, and the business simply hasn't looked better than it does right now. Given all that, a dividend hike is all but a lock next month, and it could only be a question of how big the increase will be.
The tech giant has been consistently increasing its dividend payments since 2006. And like a seasoned dividend growth stock, it has developed a pattern for when it normally announces increases: every September.
Source Fool.com
Microsoft Corp. Stock
€394.30
0.680%
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 6.52% for Microsoft Corp. compared to the current price of 394.3 €.
