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March 28 - Salesforce (NYSE:CRM) increased its quarterly cash dividend by 4% to $0.42 per share, up from $0.416, bringing its annual dividend yield to 0.58%, according to an official press release.
Shareholders on record as of April 10, 2025, can expect the payout on April 24, 2025. The move signals confidence in Salesforce's financial health and steady growth.
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With a market cap of $266.9 billion and a strong 77% gross profit margin, Salesforce continues to lead in AI-driven customer relationship management. The company pulled in $37.9 billion in annual revenue, backed by its expanding digital offerings.
One of its standout tools, Agentforce, integrates with Customer 360, Data Cloud, and Einstein AI, blending human and digital agents to streamline customer interactions.
This dividend boost is another sign that Salesforce is focusing on shareholder returns while investing in AI and automation.
This article first appeared on GuruFocus.