Microsoft Corporation (NASDAQ:MSFT) will begin trading ex-dividend on November 18, 2020. The quarterly dividend payment of $ 0.56 per share is scheduled to be paid on December 10, 2020. The dividend yield based on the latest trading day closing price was 1.03 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 18, 2020.
Dividends History
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Microsoft Corporation recently reported fourth quarter financial results on July 22, 2020, after market close, business software and services giant outlined income for the fourth quarter of $ 1.46 per share, from the revenue of $ 38,033.00 million. The quarterly earnings enlarged 6.57 percent while revenues extended 12.80 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.37 per share from $ 36497.40 million in revenue. The bottom line results beat street analysts by $ 0.09 or 6.57 percent, at the same time, top line results outshined analysts by $ 1,535.60 million or 4.21 percent.
Stock Performance
On Friday, shares of Microsoft Corporation has traded high as $ 217.42 and has cracked $ 214.16 on the downward trend, reaching $ 216.51 with volume of 18.63 million shares.
According to the previous trading day, closing price of $ 216.51, representing a 62.57 % increase from the 52 week low of $ 132.52 and a 7.48 % decrease over the 52 week high of $ 232.86.
The company has a market capital of $ 1,636.92 billion and is part of the Technology sector and Software – Infrastructure industry.
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The companys Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); and Skype, Outlook.com, and OneDrive. It also provides LinkedIn that includes Talent and marketing solutions, and subscriptions; and Dynamics 365, a set of cloud-based and on-premises business solutions for small and medium businesses, large organizations, and divisions of enterprises.