Microsoft announces 10% dividend hike. Details here

In 2022, Microsoft shareholders didn't have much to be happy about since the company's shares were down 27 per cent year-to-date. However, the tech giant has announced a 10 per cent dividend hike this morning. While the dividend yield remains only 1.1 per cent, the 10 per cent hike is a cut above 8.3 per cent of the current inflation rate.

All The big techs have declared an annualized dividend of USD 2.72 and a quarterly dividend of USD 0.68 per share. The bonus was USD 0.62 quarterly which is 10 per cent lower than the dividend. All stockholders will pay the compensation out on 8 December 2022. All the records till November 17, 2022 will be considered, with November 16 2022 considered for an ex-dividend date.

The annual shareholders meeting of Microsoft company will be held in December. All the people holding shares till the close of 12 October 2022 business hours will be eligible to vote for their shares.


For the past 12 years, Microsoft has continuously grown its dividend yearly. The quarterly dividend had increased 8.5 times from 2004 when the dividend was just USD 0.08.

In 1975, Bill Gates and Paul Allen set up Microsoft Corporation. It is a multinational technology company. It deals with producing personal computers, computer software, consumer electronics, and related services. The Microsoft corporation is among the five giant US information technology companies, along with Amazon, Meta, Google, and Apple.

FAQs:

1. What is the current dividend rate of Microsoft corporation?
The current dividend rate was USD 0.62, which has been declared to be increased by 10 per cent this morning.

2. When did the Microsoft corporation pay the last dividend?
The shareholders paid the last quarterly dividend on 8 September, 8 September 2022, until the record before 17 August 2022.