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Microsoft said on March 14, 2023 that its board of directors declared a regular
quarterly dividend of $0.68 per share ($2.72 annualized).
Previously, the company paid $0.68 per share.
Shares must be purchased before the ex-div date of May 17, 2023 to qualify for the dividend.
Shareholders of record as of May 18, 2023
will receive the payment on June 8, 2023.
At the current share price of $260.79 / share,
the stock’s dividend yield is 1.04%.
Looking back five years and taking a sample every week, the average dividend yield has been
1.20%,
the lowest has been 0.72%,
and the highest has been 1.95%.
The standard deviation of yields is 0.33 (n=236).
The current dividend yield is
0.47 standard deviations
below
the historical average.
Additionally, the company’s dividend payout ratio is 0.30.
The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0)
means 100% of the company’s income is paid in a dividend.
A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a
healthy situation.
Companies with few growth prospects are expected to pay out most of their income in dividends, which typically
means a payout ratio between 0.5 and 1.0.
Companies with good growth prospects are expected to retain some earnings in order to invest
in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company’s 3-Year dividend growth rate is 0.33%,
demonstrating that it has increased its dividend over time.
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Analyst Price Forecast Suggests 11.82% Upside
As of March 16, 2023,
the average one-year price target for Microsoft is $291.61.
The forecasts range from a low of $214.12 to a high of $365.40.
The average price target represents an increase of 11.82% from its latest reported closing price of $260.79.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Microsoft
is $216,709MM, an increase of 6.18%.
The projected annual non-GAAP EPS
is $9.74.
What is the Fund Sentiment?
There are 6948 funds or institutions reporting positions in Microsoft.
This is an increase
of
171
owner(s) or 2.52% in the last quarter.
Average portfolio weight of all funds dedicated to MSFT is 2.84%,
a decrease
of 16.10%.
Total shares owned by institutions increased
in the last three months by 0.50% to 6,028,967K shares.
The put/call ratio of MSFT is 0.84, indicating a
bullish
outlook.
What are Large Shareholders Doing?
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares
holds 226,595K shares
representing 3.04% ownership of the company.
In it’s prior filing, the firm reported owning 222,314K shares, representing
an increase
of 1.89%.
The firm
decreased
its portfolio allocation in MSFT by 3.08% over the last quarter.
VFINX – Vanguard 500 Index Fund Investor Shares
holds 172,327K shares
representing 2.32% ownership of the company.
In it’s prior filing, the firm reported owning 169,063K shares, representing
an increase
of 1.89%.
The firm
decreased
its portfolio allocation in MSFT by 3.31% over the last quarter.
Price T Rowe Associates
holds 168,647K shares
representing 2.27% ownership of the company.
In it’s prior filing, the firm reported owning 171,347K shares, representing
a decrease
of 1.60%.
The firm
decreased
its portfolio allocation in MSFT by 0.93% over the last quarter.
Geode Capital Management
holds 142,731K shares
representing 1.92% ownership of the company.
In it’s prior filing, the firm reported owning 139,462K shares, representing
an increase
of 2.29%.
The firm
decreased
its portfolio allocation in MSFT by 2.57% over the last quarter.
Jpmorgan Chase &
holds 93,021K shares
representing 1.25% ownership of the company.
In it’s prior filing, the firm reported owning 92,745K shares, representing
an increase
of 0.30%.
The firm
decreased
its portfolio allocation in MSFT by 5.19% over the last quarter.
Microsoft Background Information
(This description is provided by the company.)
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.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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