Salesforce surprises with first ever dividend

CRM initiates a $0.40 per share quarterly dividend

In a surprising move Salesforce.com (ticker: CRM) announced its first ever dividend on February 28, 2024. The 40 cent quarterly payment yields 0.5% at a stock price of $303 for Salesforce.

• Stock/ticker: Salesforce/CRM

• Annual Dividend (in $B): $1.5

• Market Cap (in $B): $293.0

• Last Quote: $302.65

• YTD TR (Year-to-Date Total Return): 15.9%

• Yield: 0.5%

• Frequency: Qu…