Friday December 9, 2011 12:05
MSFT Dividend History: What Is Microsoft Corp Dividend Yield
Posted by Mark as Stock Market
Microsoft Corp (MSFT is the ticker symbol, as it is traded at NASDAQ) has declared a quarterly dividend of $0.20 per share on September 20, 2011 and payable on 8 December, 2011. Record date for such dividend, which is 25% higher than the previous quarter, has been fixed at 15 November, 2011.
The annualized value of the dividend if calculated on such declared amount becomes $0.80 that equals a return yield at 3.07% on the current market price of $25.99 as on November 2, 2011. That makes them to sit in between JPM or JPMorgan Chase (with similar yield at 3.16%) and HD or The Home Depot (yield 2.90%). The leader in their sector is AT & T (T) with 6.02%.
Microsoft Corporation has a tradition to pay quarterly dividend to stakeholders consistently. A report dated 30 June 2011 reveals that, Microsoft Corporation has more than $52.00 billion existing fund in cash and its equivalent. May be that has influenced the Board Members of Microsoft Corporation to declare the dividend of $0.20 per share, more than 25% of the previous quarter ended dividend. Considering the enormous liquid idle fund, the analysts are of opinion that the dividend declared could have been more.
Dividend History Of Microsoft
|Dividend for Fiscal year ending June 30th||Total Dividend Amount for the Year|
|2003 — 04||$. 0.24 Paid in two Installments|
|2004 — 05||$. 3.32 Paid Quarterly|
|2005 — 06||$. 0.34 Paid Quarterly|
|2006 — 07||$. 0.39 Paid Quarterly|
|2007 — 08||$. 0.43 Paid Quarterly|
|2008 — 09||$. 0.50 Paid Quarterly|
|2009 — 10||$. 0.52 Paid Quarterly|
|2010 — 11||$. 0.61 Paid Quarterly|
|2011 — 12||$. 0.16 Paid & Declared $0.20 up to quarters ending September|
Microsoft Corp Dividend Yield
The dividend Yield of a company’s share is the sum of annual dividend divided by the current ruling market price of such share. It is expressed as a percentage by multiplying 100 with the ratio mentioned on amount of dividend and market price.
The current market price of Microsoft Corporation (MSFT as per NASDAQ) is $25.99.
If the recent declared quarterly dividend of $0.20 is annualized, the annual sum of dividend becomes $0.80.
Then the Dividend Yield of MSFT is 100 X $.0.80/ $25.99 = 3.0781%.
The Dividend Yield Ranking of MSFT:
In Technology Sector: 76th among 866 entities.
In Software Application Industry: 2nd among 79 entities.
Overall Ranking: 806th among 4720 entities.
History of Dividend Yield (Last 5 years):
Average Yield: 1.15%
Minimum: 1.15% (December 2007)
Maximum: 3.078% (November 1, 2011)