Topic: How To Invest

Dividend Advisor Hotline – Friday, July 21, 2023

Article Excerpt

MICROSOFT CORP., $343.77, Nasdaq symbol MSFT, is a buy for aggressive investors. The company is the world’s largest computer software firm. Its main product is the Windows operating system, which powers about 85% of the world’s personal computers. Its other main product—its Office suite, with its word processor (Word), spreadsheets (Excel) and slide presentations (PowerPoint)—controls over half of its market. With the December 2022, payment, Microsoft raised your quarterly dividend by 9.7%, to $0.68 a share from $0.62. The new annual rate of $2.72 yields 0.8%. In January 2022, Microsoft agreed to acquire Activision Blizzard Inc. (Nasdaq symbol ATVI) for $75.0 billion (or $69 billion if you account for Activision’s cash balances). To put that in context, Microsoft’s market cap (the total value of all outstanding shares) is $2.6 trillion. Activision is a leading developer of videogames for consoles, personal computers and mobile devices. Its top game titles include World of Warcraft, Call of Duty, Diablo, Candy Crush and Overwatch. A judge recently rejected the U.S….