Microsoft (NASDAQ: MSFT) has been performing solidly as of late, with shares up 5.92% in the last month alone and currently valued at around $460.
The company also reported positive growth in the last quarter, most notably a net income increase of 18%.
Microsoft is set to pay its next quarterly dividend on June 12, continuing its 23-year streak of continuous dividend increases. Currently, the next estimated dividend amount sits at $0.83 per share. For investors holding 100 shares, this equates to a dividend payment of $83.00 in total.
MSFT stock fundamentals
As of the time of writing, Microsoft maintains a conservative payout ratio of around 24%, suggesting a balance between shareholder rewards and reinvesting efforts.
Looking ahead, the company is set to release its next quarterly earnings report somewhere in late July, and Wall Street is expecting positive results driven by Microsoft’s artificial intelligence (AI) and cloud operations, even predicting the stock might hit the $600 mark in the next 12 months.
Indeed, Microsoft has beaten its earnings per share (EPS) estimates consistently for the past 12 months, with over $13 billion in revenue coming from AI-related services alone last year.
The company’s cloud segment also remains a leading growth catalyst, having generated $42.4 billion last quarter.
Of course, Microsoft still relies heavily on traditional software, Windows products, and gaming as well, which is precisely the kind of diversity that has attracted so many optimistic investors.
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