Tech giant Microsoft Corporation (MSFT) continues to invest in strategic growth initiatives. Last month, a collaboration with chip juggernaut NVIDIA Corporation (NVDA) was announced, aimed at developing a ‘massive’ computer that can handle artificial intelligence computing work in the cloud.
MSFT’s solid financials help the company consistently reward shareholders through dividends. The company declared a quarterly dividend of $0.68 per share on November 29, payable to shareholders on March 9, 2023. Its annual dividend of $2.72 yields 1.13% at the current price level.
