Today Microsoft was rated listed in the “Top Dividend Stock Of The Nasdaq 100” by Dividend Channel. In the latest report of DividendRank, they noted that MSFT shares displayed both attractive valuation metrics and strong profitability . Microsoft is one of the most underrated tech stocks and it has returned nearly $170 billion to shareholders through dividends and share repurchases over the past 10 years.
As Forbes cites,
For example, the recent MSFT share price of $24.47 represents a price-to-book ratio of 3.5 and an annual dividend yield of 3.3% — by comparison, the average dividend paying stock in the Nasdaq 100 yields 2.0% and trades at a price-to-book ratio of 3.9.
The report also cited the strong quarterly dividend history at Microsoft Corporation, and favorable long-term multi-year growth
rates in key fundamental data points.
You can read the full report on Top Ranked Nasdaq 100 Components here.