Hi, I’ve got my dividends this week, but it’s unclear how it’s calculated. Please help me understand,
1 share - 0.62$ dividend
So in gbp it’s 0.62 divided by conversion rate on record date. On 16th feb it was less than 0.74 for Usd to GBP.
Dividend for 1 share in GBP = 0.62*0.74 = 0.4588 pence
Whereas i’ve received for a share around 40 pence.
Are you taking into account the withholding tax?
I guess not. $0.62 was gross distribution before the 15% withholding tax
Thanks Dave, apologies I’m a newbie to investing and wasn’t aware about this, Also another doubt, is this 15% of gross dividends applicable for UK listed companies as well ?
No, it’s withheld by the the IRS in the US
Thanks much for detailed explanation Dave.
“The tech-heavy Nasdaq in the US is down over 12% so far this year. That presents plenty of opportunities for me to buy shares in big US-listed tech companies such as Amazon, Alphabet, and Microsoft.”
Beat expected revenue and earnings, Azure cloud with revenue growth of 46% y/y
Buying as much MSFT as I can. Simply the highest quality company in the world.
Totally, I have heard they bought LinkedIn this week.
Internet Explorer?
You’re 6 years late haha
Oh dear! No a friend mentioned it and I never checked it out
Not entirely new news, as Microsoft in their earnings call
in April reported a strong dollar/Forex potentially affecting their revenue/profit during the year
But for the 3% drop today
Buying from $230 and below, hope it keeps dropping
Happy Birthday, Microsoft. 41 today.
Just imagine if we still had UI like this today!
MSFT stock is so resistant to drops, wow. This is a great stock to own, I only wish it’d drop further
This is a big win for Microsoft and will be seen as a coupe to beat Google to this high profile contract.
CMA is a uk outfit no? How will they have any say on two US based companies merging?