Microsoft Corp. (NASDAQ:MSFT) announced a quarterly dividend on Wednesday, November 30th. Shareholders of record on Thursday, February 16th will be paid a dividend of 0.39 per share by the software giant on Thursday, March 9th. This represents a $1.56 annualized dividend and a yield of 2.59%. The ex-dividend date is Tuesday, February 14th.

Shares of Microsoft Corp. (NASDAQ:MSFT) traded down 1.36% during mid-day trading on Wednesday, reaching $60.26. 34,655,435 shares of the company’s stock traded hands. Microsoft Corp. has a one year low of $48.03 and a one year high of $61.37. The firm’s 50-day moving average is $59.30 and its 200 day moving average is $55.89. The firm has a market cap of $468.54 billion, a price-to-earnings ratio of 28.86 and a beta of 1.16.

Microsoft Corp. (NASDAQ:MSFT) last issued its earnings results on Thursday, October 20th. The software giant reported $0.76 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.08. The firm had revenue of $22.30 billion for the quarter, compared to analysts’ expectations of $21.71 billion. Microsoft Corp. had a net margin of 19.40% and a return on equity of 30.92%. The firm’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 earnings per share. Analysts predict that Microsoft Corp. will post $2.97 earnings per share for the current year.

Dividend History for Microsoft Corp. (NASDAQ:MSFT)

MSFT has been the topic of several recent analyst reports. Vetr upgraded shares of Microsoft Corp. from a “hold” rating to a “buy” rating and set a $59.88 price target on the stock in a research note on Thursday, September 8th. Pacific Crest reiterated a “buy” rating and issued a $65.00 price target on shares of Microsoft Corp. in a research note on Tuesday, September 13th. Macquarie reiterated a “neutral” rating and issued a $54.00 price target on shares of Microsoft Corp. in a research note on Friday, September 23rd. Jefferies Group set a $40.00 price target on shares of Microsoft Corp. and gave the company a “sell” rating in a research note on Tuesday, September 27th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $65.00 price target on shares of Microsoft Corp. in a research note on Wednesday, September 28th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and twenty-four have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $62.26.

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In related news, EVP Christopher C. Capossela sold 12,000 shares of the firm’s stock in a transaction dated Wednesday, November 2nd. The stock was sold at an average price of $59.57, for a total transaction of $714,840.00. Following the completion of the transaction, the executive vice president now owns 265,306 shares of the company’s stock, valued at $15,804,278.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Christopher C. Capossela sold 18,583 shares of the firm’s stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $58.58, for a total value of $1,088,592.14. Following the transaction, the executive vice president now directly owns 243,306 shares of the company’s stock, valued at approximately $14,252,865.48. The disclosure for this sale can be found here. 2.99% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Jaffetilchin Investment Partners LLC boosted its position in shares of Microsoft Corp. by 0.3% in the third quarter. Jaffetilchin Investment Partners LLC now owns 6,188 shares of the software giant’s stock valued at $356,000 after buying an additional 21 shares in the last quarter. Barr E S & Co. boosted its position in shares of Microsoft Corp. by 0.7% in the third quarter. Barr E S & Co. now owns 4,812 shares of the software giant’s stock valued at $277,000 after buying an additional 34 shares in the last quarter. Capstone Financial Advisors Inc. boosted its position in shares of Microsoft Corp. by 0.5% in the second quarter. Capstone Financial Advisors Inc. now owns 7,512 shares of the software giant’s stock valued at $384,000 after buying an additional 40 shares in the last quarter. Chelsea Counsel Co. boosted its position in shares of Microsoft Corp. by 0.6% in the third quarter. Chelsea Counsel Co. now owns 8,052 shares of the software giant’s stock valued at $464,000 after buying an additional 45 shares in the last quarter. Finally, US Financial Advisors LLC boosted its position in shares of Microsoft Corp. by 1.4% in the second quarter. US Financial Advisors LLC now owns 4,367 shares of the software giant’s stock valued at $241,000 after buying an additional 60 shares in the last quarter. 70.87% of the stock is owned by institutional investors and hedge funds.

Microsoft Corp. Company Profile

Microsoft Corporation is a technology company. The Company develops, licenses and supports a range of software products, services and devices. Its segments are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. Its products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.

5 Day Chart for NASDAQ:MSFT

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