Microsoft Announces 10% Dividend Increase and Sets Date for 2023 Annual Shareholders Meeting: Key Details

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Microsoft has announced a 10% increase in its quarterly dividend to $0.75 per share, payable on December 14, 2023. Additionally, the company has set the date for its 2023 Annual Shareholders Meeting on December 7, 2023.

Microsoft Announces Quarterly Dividend Increase

Microsoft Corp. recently declared a quarterly dividend of $0.75 per share, marking a 10% increase over the previous quarter’s dividend. This noteworthy increase is a reflection of the company’s robust financial performance.

What’s New?

The board of directors announced the dividend on Tuesday, with the payable date set for Dec. 14, 2023. Shareholders of record on Nov. 16, 2023, are eligible for this dividend. The ex-dividend date will be Nov. 15, 2023.

Major Updates

Microsoft also announced the date for the 2023 Annual Shareholders Meeting, which will be held virtually on Dec. 7, 2023. Shareholders at the close of business on Sept. 29, 2023, will be entitled to vote their shares.

Important to Know

The annual shareholders meeting will be hosted by Satya Nadella, chairman and chief executive officer; Amy Hood, executive vice president and chief financial officer; Brad Smith, vice chair and president; and Sandra E. Peterson, Microsoft lead independent director.

“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 quote encapsulates Microsoft’s commitment to driving digital transformation and empowering individuals and organizations globally. Their recent financial decisions reflect this mission.

“When inclusion happens, innovation follows. This Hispanic Heritage Month, we’re celebrating employees who are breaking barriers and solving complex problems to make an impact at Microsoft and in their communities.”

This quote underscores Microsoft’s dedication to inclusion and innovation, celebrating the diverse talents that contribute to its success.

Stay tuned to Microsoft’s News Center for more updates and perspectives.

  • The board of directors declared a quarterly dividend of $0.75 per share.
  • This reflects a 7 cent or 10% increase over the previous quarter’s dividend.
  • The dividend is payable on December 14, 2023, to shareholders of record on November 16, 2023.
  • The ex-dividend date will be November 15, 2023.
  • The 2023 Annual Shareholders Meeting will be held virtually on December 7, 2023.
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