On 2016-06-15, Microsoft Corporation (NASDAQ:MSFT) confirmed the dividend disbursement of $0.36 a share to shareholders as on record 2016-08-18. The firm will release dividend on 2016-09-08 while ex-dividend date is reported to be 2016-08-16.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Microsoft Corporation (NASDAQ:MSFT) paid a total of $0.36 per share in dividends. This figure stood at $0.36 a share in the same period a year ago indicating a deviation of 14.876%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $59 on the stock. This figure is the average of recommendations offered by 21 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $65 and $36, respectively.
Taking the mathematical rating formula, the price for Microsoft Corporation (NASDAQ:MSFT) stands at 1.65. Earnings Review Microsoft Corporation (NASDAQ:MSFT) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $0.68.
Coming to the quarter ending on 2016-06-30, Microsoft Corporation (NASDAQ:MSFT) recorded EPS of $0.69. The reported numbers came lower than the analysts’ estimates of $0.58, demonstrating a miss of $0.11 as against reported figures.
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