Microsoft announces quarterly dividend
Rhea-AI Summary
Microsoft Corp. has declared a quarterly dividend of $0.62 per share, payable on Sept. 8, 2022. Shareholders of record as of Aug. 18, 2022 will receive the dividend, with the ex-dividend date set for Aug. 17, 2022. This announcement reflects Microsoft’s commitment to return value to its shareholders while enhancing its mission to foster digital transformation in the age of intelligent cloud and edge technologies.
Positive
- Quarterly dividend of $0.62 per share reflects company's profitability.
- Payment date of September 8, 2022, supports shareholder returns.
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, MSFT gained 2.97%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
REDMOND, Wash., June 14, 2022 /PRNewswire/ -- Microsoft Corp. on Tuesday announced that its board of directors declared a quarterly dividend of
Microsoft (Nasdaq "MSFT" @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.
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SOURCE Microsoft Corp.