Microsoft is expected to pay out approximately $22.29 billion in dividends this year.

From Nasdaq: 2024-07-28 08:00:00

Microsoft’s (NASDAQ: MSFT) market capitalization exceeds $3 trillion, securing its place among the “Magnificent Seven” stocks and marking it as the world’s second-most valuable company. Despite a modest dividend yield of less than 1%, Microsoft’s consistent two-decade dividend growth is noteworthy.

For fiscal year 2024, Microsoft has declared a quarterly dividend of $0.75 per share, totaling $3.00 per share annually. With 7.43 billion outstanding shares, the company is expected to pay out approximately $22.29 billion in dividends this year. However, fluctuations in the number of outstanding shares and potential dividend increases could impact this figure.

Investors are anticipating a dividend increase announcement from Microsoft in September, with two $0.75 per share dividends paid in March and June and another expected in September. A potential fourth dividend payment in December could contribute to a higher total dividend payout for 2024.

Despite Microsoft’s financial success, the Motley Fool Stock Advisor team does not include it in their list of the 10 best stocks for investors to buy now. This service has a historical track record of producing significant returns, exceeding S&P 500 performance since 2002. Investors can access guidance, portfolio-building strategies, and regular stock picks to potentially achieve substantial returns.

Author Charlene Rhinehart holds positions in Microsoft, and The Motley Fool recommends the company while also providing options for investors. The opinions expressed are reflective of the author and do not necessarily represent those of Nasdaq, Inc.



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