Microsoft is a dividend stock that BestCashCow tracks as part of its Top 15 Dow Dividend Stocks. Its current yield of 2.70% is equivalent to the rate of the best 5-year CD rates. It currently pays a dividend of $.20 per quarter, up from $0.16 in August 2011. The question I ask myself is, can Microsoft maintain or increase the dividend and do I expect the stock to drop precipitously over the next 1-2 years? Yesterday's earnings release as well Microsoft's recent product launches gives me comfort on both counts.
With a five year CD paying on average 1.55% APY, and a 30-year Treasury at 2.85%, we set out to see if we could find any energy stocks that looked like they could provide a bit more of a return with a semblence of safety.
Microsoft announced today that it was boosting its dividend by 20 cents per share, or 25%. Its new dividend will be 80 cents per share, payable quarterly.
Bio: Sol Nasisi, co-founder of BestCashCow, has over 12 years of experience in the
banking and finance world. He worked at Bank of America where he was involved in a
variety of product lines including online banking, deposit accounts, mortgage products,
and home equity. He holds a particular interest in how digital technology can create
more transparent financial markets for both institutions and investors.
He received an MBA from the University of Texas at Austin and a BA from Tufts University. He
is also a graduate of The Graduate School of Retail Bank Management sponsored by the
Consumers Bankers Association.
You can follow him on Twitter: http://twitter.com/#!/SolNasisi
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