Microsoft Boosts Dividend Amid AI Revolution Fears

Microsoft recently increased its quarterly dividend per share to $0.98, an 8% raise from previous levels.

The tech giant's dividend program is considered one of the strongest among its peers in the Magnificent Seven, a group that includes Meta Platforms, Apple, Alphabet, and Nvidia.

Microsoft's cash payout ratio of 39.5% is higher than Apple's 15.6%, but still within a healthy range.

The company's dividend growth has been impressive over the past decade, with annual hikes for over 10 years.