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Salesforce, Inc. provides customer relationship management technology that brings companies and customers together worldwide. Its Customer 360 platform empowers its customers to work together to deliver connected experiences for their customers. The company's service offerings include Sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and relationship intelligence, and deliver quotes, contracts, and invoices; and Service that enables companies to deliver trusted and highly personalized customer service and support at scale. Its service offerings also comprise flexible platform that enables companies of various sizes, locations, and industries to build business apps to bring them closer to their customers with drag-and-drop tools; online learning platform that allows anyone to learn in-demand Salesforce skills; and Slack, a system of engagement. In addition, the company's service offerings include Marketing offering that enables companies to plan, personalize, and optimize one-to-one customer marketing journeys; and Commerce offering, which empowers brands to unify the customer experience across mobile, web, social, and store commerce points. Further, its service offerings comprise Tableau, an end-to-end analytics solution serving various enterprise use cases; and MuleSoft, an integration offering that allows its customers to unlock data across their enterprise. The company provides its service offering for customers in financial services, healthcare and life sciences, manufacturing, and other industries. It also offers professional services; and in-person and online courses to certify its customers and partners on architecting, administering, deploying, and developing its service offerings. The company provides its services through direct sales; and consulting firms, systems integrators, and other partners. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California.

Salesforce Dividend Announcement

Salesforce announced a quarterly dividend of $0.40 per ordinary share which will be made payable on 2024-10-08. Ex dividend date: 2024-09-18
Salesforce annual dividend for 2024 was $1.20
Salesforce's trailing twelve-month (TTM) dividend yield is 0.42%
Salesforce's payout ratio for the trailing twelve months (TTM) is 13.71%

Salesforce Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-18$0.40quarterly2024-10-08
2024-07-09$0.40quarterly2024-07-25
2024-03-13$0.40quarterly2024-04-11

Salesforce Dividend per year

Salesforce Dividend Yield

Salesforce current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing Salesforce stock? Use our calculator to estimate your expected dividend yield:

Salesforce Financial Ratios

P/E ratio49.36
PEG ratio8.55
P/B ratio4.82
ROE9.58%
Payout ratio13.71%
Current ratio0.95
Quick ratio0.95
Cash Ratio0.29

Salesforce Dividend FAQ

Does Salesforce stock pay dividends?
Salesforce does not currently pay dividends to its shareholders.
Has Salesforce ever paid a dividend?
No, Salesforce has no a history of paying dividends to its shareholders. Salesforce is not known for its dividend payments.
Why doesn't Salesforce pay dividends?
There are several potential reasons why Salesforce would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Salesforce ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Salesforce has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Salesforce a dividend aristocrat?
Salesforce is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Salesforce a dividend king?
Salesforce is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Salesforce a dividend stock?
No, Salesforce is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Salesforce stocks?
To buy Salesforce you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Salesforce stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.