Microsoft Remains a Top-Notch Dividend Stock
After the dot-com bubble burst in 2000, many investors viewed tech stocks with a skeptical eye. Full of promise yet with little follow-up, profitable tech stocks were few and far between. Even worse, losses were commonplace. But Microsoft (NASDAQ: MSFT) rose from the ashes of the dot-com bubble with heaps of cash, proceeding to pay its first dividend in 2003. Since then, the tech company has managed to increase both its stock price and its dividend payout by leaps and bounds.
Thanks to a combination of strong revenue growth, fast-growing profits, and consistent annual dividend increases, the software giant has become a must-have for many dividend investors -- and the company's latest dividend increase reiterates its strength as a dividend stock.
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Source Fool.com
