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Microsoft Announces Q1 2024 Dividend
Quarterly Dividend of $0.75 per Share
Ex-Dividend Date: June 13, 2024
March 12, 2024 - Microsoft Corp. (NASDAQ: MSFT) today announced that its board of directors has declared a quarterly dividend of $0.75 per share. This dividend will be payable to shareholders of record as of the close of business on June 13, 2024. The ex-dividend date is May 24, 2024.
Microsoft's dividend policy is to return a significant portion of its earnings to shareholders in the form of quarterly dividends. The company has a history of increasing its dividend on a regular basis. The previous dividend payment was $0.73 per share, which was paid on March 9, 2024.
Microsoft's strong financial performance in recent quarters has allowed the company to increase its dividend. The company's cloud computing business continues to grow rapidly, and its other businesses are also performing well. Microsoft is well-positioned to continue to generate strong cash flow and return value to shareholders in the form of dividends.
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