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Started By
Message
Former Microsoft CEO Steve Ballmer is on pace to earn $1 billion in dividends annually
Posted on 12/27/23 at 8:13 pm
Posted on 12/27/23 at 8:13 pm
quote:
Microsoft is on track to pay former CEO Steve Ballmer about $1 billion in annual dividend payments.
Ballmer, who is currently the sixth richest person in the world, is the largest individual shareholder in Microsoft. As of his last ownership disclosure in 2014, Ballmer owned 333.2 million shares of Microsoft, representing about 4% of the company.
Ballmer's stake is worth about $130 billion, according to Bloomberg's Billionaire Index, after gaining $44 billion in wealth this year thanks to a 56% rally in Microsoft's stock price.
Ballmer amassed his stake over the course of his 34-year career at Microsoft, having joined the company in 1980 as employee number 30. He went on to become CEO of Microsoft in 2000, near the peak of the dot-com bubble, and stepped down in 2014 when current CEO Satya Nadella took over the top role.
Microsoft paid $2.79 in dividends per share in 2023, which equates to an annual dividend payment of about $930 million to Ballmer based on his stake in the company.
LINK
13
Posted on 12/27/23 at 8:14 pm to John88
Just give me like .01% once
Posted on 12/27/23 at 8:14 pm to John88
And my dumb arse out here hoping for a 3,000 raise next year
Posted on 12/27/23 at 8:16 pm to John88
Wonder if he has a 3 month emergency savings set up while maxing out his retirement. Hope so
Posted on 12/27/23 at 8:16 pm to John88
OT Ballmer
Posted on 12/27/23 at 8:19 pm to John88
Might be time to diversify 
Posted on 12/27/23 at 8:21 pm to John88
wonder how much steve jobs would be getting if he hadn't died of aids
Posted on 12/27/23 at 8:21 pm to John88
I have 57 shares of MSFT Steve. Look out
Posted on 12/27/23 at 8:22 pm to John88
Wanna be a Ballmer, shot caller
Twenty inch blades on the Impala
Twenty inch blades on the Impala
Posted on 12/27/23 at 8:23 pm to John88
Dude deserves it. He created a shite ton of value at that company. And he actually has some form of personality unlike Bill Gates
Posted on 12/27/23 at 8:29 pm to fallguy_1978
quote:
have 57 shares of MSFT Steve. Look out
Subtle I’ve got $18k saved. fricking baller
Posted on 12/27/23 at 8:33 pm to BigPerm30
quote:
Subtle I’ve got $18k saved. fricking baller
Golden Corral for 4 on my dividends.
Posted on 12/27/23 at 8:34 pm to John88
And to think I am jumping with joy at the 13.1% YTD gain I've earned on my little piss ant account.
Posted on 12/27/23 at 8:40 pm to BigPerm30
quote:Wouldn't 57 shares at $2.79 each be $159.05?
Subtle I’ve got $18k saved
Posted on 12/27/23 at 8:41 pm to Pax Regis
quote:
Dude deserves it. He created a shite ton of value at that company. And he actually has some form of personality unlike Bill Gates
Check out the thread on MSB where I said the same thing.
Posted on 12/27/23 at 8:45 pm to GusAU
quote:
Wouldn't 57 shares at $2.79 each be $159.05?
57 shares x $375 per share is $21,375. I didn’t pull out the fricking calculator in my original post.
Posted on 12/27/23 at 8:47 pm to BigPerm30
quote:Where are you getting $375 per share from?
57 shares x $375 per share
This is a quote from the article:
quote:
Microsoft paid $2.79 in dividends per share in 2023
This post was edited on 12/27/23 at 8:49 pm
Posted on 12/27/23 at 8:49 pm to GusAU
That’s dividend. Not stock price.
Posted on 12/27/23 at 8:51 pm to sparkinator
quote:Duh.
That’s dividend. Not stock price
I think I’ll go to bed now…
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