Microsoft announces quarterly dividend
Rhea-AI Summary
On March 16, 2021, Microsoft Corp. declared a quarterly dividend of $0.56 per share, boosting shareholder returns. The dividend is set to be paid on June 10, 2021, to stakeholders recorded by May 20, 2021. The ex-dividend date is May 19, 2021. This announcement underscores Microsoft's commitment to delivering value to its investors while reinforcing its position as a leader in digital transformation.
Positive
- Quarterly dividend declared at $0.56 per share.
- Dividend payment scheduled for June 10, 2021.
Negative
- None.
News Market Reaction – MSFT
In the trading session that priced this news, MSFT declined 0.28%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
REDMOND, Wash., March 16, 2021 /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 Corporation