MSFT should announce a dividend hike this week

DividendWave
2023-09-18

MSFT $Microsoft(MSFT)$ should announce a dividend hike this week

dividend increase:

4-year CAGR 10.3%

last year 9.7%

FY23 dividend (FCF) payout 32%

Current quarterly dividend $0.68

if new:

$0.74 (+$0.06) +8.9%

$0.75 (+$0.07) +10.3%

$0.76 (+$0.08) +11.8%

Any guess on next dividend hike?

  • <9%

    35.7%

  • >=9% and <11%

    49.3%

  • >=11%

    13.1%

  • I´ll tweet a specific %

    1.9%

MSFT previous 4 dividend hikes

ImageImage

MSFT FCF/share growth since FY18

FY23 marked the first decline since FY15

FY18 to FY23 FCF/share growth 14% CAGR

ImageImage

for your particular case, you´d rather see MSFT going for lower dividend increase and higher buybacks, or even sit on more cash for a share price drop/M&A?

I doubt we´re getting a special dividend any time soon Current dividend bill is up to $20 B and coming close to aristocracy (regular and increasing dividend has replaced need for a special) Buybacks increasing ATVI $Activision Blizzard(ATVI)$ $70 B deal coming soon AI cycle may need Capex or acquisitions

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

  • Top
  • Latest
  • Tangan
    ·2023-09-18
    Thanks
    Reply
    Report
  • Brando741319
    ·2023-09-18
    Good
    Reply
    Report