Microsoft Corporation 🖥🖱 - MSFT

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

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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 ?

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No, it’s withheld by the the IRS in the US

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Thanks much for detailed explanation Dave.

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“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.”

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Beat expected revenue and earnings, Azure cloud with revenue growth of 46% y/y

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Buying as much MSFT as I can. Simply the highest quality company in the world.

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Totally, I have heard they bought LinkedIn this week.

Internet Explorer?

You’re 6 years late haha

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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 :pray:

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Happy Birthday, Microsoft. 41 today.

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Just imagine if we still had UI like this today!

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c253450d0ce9247560be7d34fe44b919_w200

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MSFT stock is so resistant to drops, wow. This is a great stock to own, I only wish it’d drop further :sob:

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This is a big win for Microsoft and will be seen as a coupe to beat Google to this high profile contract.

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CMA is a uk outfit no? How will they have any say on two US based companies merging?