A series of updates from research analysts regarding Microsoft Corporation (NASDAQ: MSFT) has recently influenced the company’s stock dynamics. Alongside these changes, Microsoft announced a quarterly dividend of $0.91 per share, which is set to be paid on March 12, 2024. Investors on record as of February 19, 2024, will receive this dividend, reflecting an annualized payout of $3.64 and a yield of 0.7%. Currently, Microsoft maintains a dividend payout ratio (DPR) of 25.89%.
Insider Transactions Reveal Activity
In addition to dividend announcements, insider trading activity has come to light. Executive Vice President Takeshi Numoto sold 2,850 shares of the company on December 4, 2023. The transaction, executed at an average price of $478.72, amounted to a total of $1,364,352. After this sale, Numoto retained 55,782 shares, valued at approximately $26,703,959.04, marking a 4.86% decrease in his ownership stake.
Another notable insider sale involved Bradford L. Smith, who sold 38,500 shares on November 3, 2023, at an average price of $518.64. This sale generated a total value of $19,967,640. Following this transaction, Smith held 461,597 shares valued at around $239,402,668.08, reflecting a 7.70% reduction in his holdings. Over the past 90 days, company insiders have collectively sold 54,100 shares, totaling $27,598,872. Currently, insiders own only 0.03% of the company’s stock.
Microsoft’s Global Presence and Offerings
Founded in 1975 by Bill Gates and Paul Allen, Microsoft operates from its headquarters in Redmond, Washington. The company has established itself as a leader in the technology sector, developing, licensing, and supporting a wide range of software products, services, and devices. Its diverse portfolio encompasses personal computing, productivity software, cloud infrastructure, and gaming.
Among Microsoft’s most notable products are the Windows operating system and the Microsoft 365 suite, which includes popular tools such as Office apps, Outlook, and Teams. As the company continues to evolve and adapt to market demands, analysts remain focused on its financial health and strategic decisions, including dividends and insider activities.
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