Microsoft Declares Fresh Dividend

Microsoft (NASDAQ: MSFT  ) has declared its latest quarterly dividend. The software giant will distribute $0.23 per share of its stock on June 13 to shareholders of record as of May 16. This matches the company's two preceding disbursements. Prior to that, Microsoft paid $0.20 per share.

The company has been a habitual dividend payer since the early years of this century. Its distribution has climbed steadily since those times, rising from $0.08 to the current level.

The current dividend annualizes to $0.92 per share. That yields 3.3% at Microsoft's most recent closing stock price of $27.91.

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