Ivanna Hampton: Here’s what’s ahead on this week’s Investing Insights. Social Security taxes are surprising some retirees. How to figure out if you’ll owe, and what to do to avoid penalties. Plus, Salesforce joins the dividend-paying club. When will the tech company pay its first dividend, and what does Morningstar think about the stock? This is Investing Insights.
Welcome to Investing Insights. I’m your host, Ivanna Hampton. Let’s get started with a look at the Morningstar headlines.
Salesforce to Pay Quarterly Dividend
Salesforce CRMwill issue dividends for the first time ever. The cloud-based software company will pay a quarterly dividend of $0.40 per share on April 11. It also expanded its buyback program by $10 billion. Salesforce reported strong performance and a mixed outlook in its fiscal fourth-quarter results. Revenue grew 11% year over year to over $9 billion. Software company MuleSoft, the data cloud, and solid execution from Salesforce drove the solid performance. Professional services missed …