Microsoft is a technology giant that requires no formal introduction. The corporation develops, licenses, and supports an array of software, hardware, and gaming products. With several influential inventions under their belt, such as Windows, Xbox, and LinkedIn, Microsoft has proven over the years why it’s a winning choice for investors.
In this guide, we’ll be discussing the process of buying shares in Microsoft. We’ll look at the benefits of investing in Microsoft, the steps required to buy their shares, and we’ll answer several Frequently Asked Questions (FAQs) to help you get started.
Why Invest In Microsoft?
Microsoft has shown significant growth over the years, making it a wise investment option in the eyes of many individuals. Here are some benefits of investing in Microsoft shares:
Steady Growth
The company continues to grow year after year. With over three decades of experience in the industry, Microsoft is a trusted brand that shows no signs of slowing down, which makes the company a desirable choice for potential investors.
Lucrative Dividends
Microsoft provides a $2.24 annual dividend per share as of August 2021. This impressive dividend yield is a significant addition to an investor’s returns, making the stock a reliable source of income.
Technological Advancements
Microsoft’s attention to innovation has allowed the company to become a significant leader in the technology industry. By continuously investing in research and development, the company continues to release new and improved products, providing more opportunity for growth.
How to Buy Microsoft Stocks
Here is a step-by-step guide to help you buy Microsoft stocks:
1. Set up a brokerage account
The first step is to register for a brokerage account. A brokerage account provides a platform that allows you to purchase, sell, or own shares in a publically traded company. Choose a brokerage that aligns with your investment style, budget, and needs. Some popular options include E*TRADE, TD Ameritrade, and Fidelity.
2. Fund your account
Once your account is open, fund it by linking it with your bank account. Funds transferred into your account will enable you to purchase Microsoft shares.
3. Lookup Microsoft’s stock symbol
Lookup Microsoft’s stock symbol, which is “MSFT”. Stock symbol codes are a quick way to identify the publicly traded company that you’re interested in buying shares from.
4. Place an order
After looking up the stock symbol for Microsoft, enter how many shares you’d like to buy, at what price and complete your purchase. Upon confirming your purchase, you become a shareholder in Microsoft and will be eligible for dividends and growth in equity value.
FAQs (Frequently Asked Questions)
1. What is the current share price of Microsoft?
As of August 2021, Microsoft’s share price is approximately $302.90.
2. Is it necessary to have a brokerage account to invest in Microsoft stocks?
Yes, you need a brokerage account to invest in publicly traded companies like Microsoft.
3. Can I buy Microsoft shares directly from the company?
As of 2021, Microsoft does not allow direct stock purchases from the corporation itself.
4. Why should I invest in Microsoft shares?
Investing in Microsoft shares presents an opportunity for steady growth, lucrative dividends, and technological advancements.
5. Can I lose money purchasing Microsoft shares?
Yes, investing in stocks like Microsoft comes with risk, and you could lose money.
6. How do I create a brokerage account?
Creating a brokerage account is simple, you need to pick one online, sign up with your personal information, and fund your account.
7. What percentage of Microsoft does Bill Gates own?
As of August 2021, Bill Gates owns approximately 1.8% of Microsoft.
8. Can I sell my Microsoft shares at any time?
Yes, as a shareholder, you have the option to hold your shares for long-term growth, or you can sell your shares at any time.
9. What is the dividend history of Microsoft shares?
Microsoft has paid increasing dividends to shareholders every year since 2004.
10. Is Microsoft a safe investment?
There’s no guarantee in the stock market, but Microsoft has a reassuring history of stable growth and remains a leader in technological advancements, making it a safe long-term investment choice.
Conclusion
Investing in Microsoft can be a wise choice for individuals interested in steady growth, lucrative dividends, and technological advancements. The process of purchasing shares with Microsoft is straightforward, requiring you to set up a brokerage account and follow a few simple steps. By keeping up with Microsoft’s corporate progress, investors can make informed choices when investing in the company.
