Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Microsoft Stock
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Microsoft has increased its quarterly dividend payout by nearly 11%, now at $0.83 per share, translating to an annual yield of around 0.8%. To earn $1,000 in dividends, an investment of approximately $37,000 is needed for about 302 shares. While not the highest-yielding stock, Microsoft's growth potential and consistent dividend increases make it an attractive option for long-term investors. Interested investors should purchase shares before the ex-dividend date on Nov. 21 to receive the next payout in December.
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