Microsoft declares quarterly dividend of $0.75 per share

Microsoft has announced that its board of directors has declared a quarterly dividend of $0.75 per share. The dividend will be paid on June 13, 2024, to shareholders of record as of May 16, 2024. The ex-dividend date is the date for shareholders to be eligible for the upcoming dividend payment, which is set for May 15, 2024.

Dividends are a way for companies to distribute a portion of their earnings back to shareholders, and a consistent dividend policy can be a sign of a company’s financial health and stability. 

Microsoft is a leading technology company known for its software products, cloud services, and hardware and is the most valuable company in the world. 

The declaration of dividends depends on approval by the board of directors and is a common practice among publicly traded companies. Investors often consider dividend yield and consistency as factors in their investment decisions.

Here is the summary:

• Dividend amount: $0.75 per share.
• Payment date: June 13, 2024.
• Record date: May 16, 2024.
• Ex-dividend date: May 15, 2024.

The information is solely based on the press release and doesn’t include investment advice.