This week Microsoft (MSFT) announced this week that the quarterly dividend is increased with 9,5% from $0,42 to $0,46 per share. Unfortunately Microsoft is only on my watchlist and not (yet) in my portfolio. Microsoft Corporation is a strong company with strong brands like Windows and Microsoft Office (Excel, Word, Powerpoint, etc) and also together with Amazon AWS, Microsoft is a leading player in cloud services.
Like I said Microsoft is just on my watchlist and I don’t own shares of them at the moment. This is mainly due to my preference to buy shares on a dip, when shares are closer to their 52 weeks low than to their 52 weeks high. Microsoft price is up almost 50% this year, performing much better than the market average.
Due to the price increase the yield is only 1,6% after this dividend increase.
Microsoft will stay high on my watchlist so I hope to add some shares when there is a market correction and else someday I will buy it probably against a current price level to add this Tech giant to my portfolio.