Dividends Will Be Paid On May 29

Salesforce Announces Upcoming Dividend Payment

Dividends Will Be Paid on May 29

Salesforce Announces Upcoming Dividend Payment

Salesforce, the global leader in customer relationship management (CRM), today announced that its Board of Directors has declared a cash dividend of $0.40 per share of its outstanding common stock. The dividend will be paid on May 29, 2023, to shareholders of record as of the close of business on May 15, 2023. This marks the company's first dividend payment since going public in 2004.

Salesforce has a strong track record of financial performance and has consistently met or exceeded analyst expectations. The company's annual dividend yield of 0.59% is in line with the industry average for technology companies. Salesforce's dividend is expected to grow over time as the company continues to grow its revenue and earnings.

The dividend announcement is a positive sign for Salesforce investors and reflects the company's commitment to returning value to shareholders. Salesforce is a well-run company with a strong financial foundation. The dividend is a testament to the company's confidence in its future and its commitment to rewarding shareholders.