This week, the board of directors of Microsoft (ticker: MSFT) declared a quarterly dividend on the company’s common stock of $0.36 per share for the first quarter of FY16, a 16.1% increase over the dividend paid for the same quarter a year ago. This is the sixth consecutive year the company has raised its dividend.
MSFT is one of the stock holdings in NovaPoint Capital’s Dividend Growth Strategy. Our Strategy seeks to own high-quality, dividend-paying stocks that have demonstrated resilience through good and bad market cycles as evidenced by a track record of annual dividend increases. Our research shows that a portfolio of companies with track records of raising their dividends has, on average, produced total returns higher than both the market and their non-dividend paying peers.
About NovaPoint Capital: NovaPoint Capital LLC (@novapointcap) is a state Registered Investment Advisor based in Atlanta, Georgia. We manage investment portfolios for high net worth individuals, family offices, corporations, pensions, endowments and foundations. We also provide sub-advisory services for other investment advisors. More information can be found on our website at: http://novapointcapital.com/
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