Trump announces trade deal with EU following months of negotiations
SAN FRANCISCO - Salesforce (NYSE: CRM), a leader in AI-driven customer relationship management with a market capitalization of $267.2 billion and impressive gross profit margins of 77%, has announced a quarterly cash dividend increase of 4%, setting the new payout at $0.42 per share. This decision was made by the company’s board of directors and reflects a boost from the prior dividend of $0.416 per share, bringing the annual dividend yield to 0.58%.
The upcoming dividend is scheduled to be distributed on April 24, 2025, to shareholders who are on record as of April 10, 2025. This move signifies Salesforce’s commitment to delivering value to its shareholders and demonstrates confidence in the company’s financial stability and continued growth. According to InvestingPro analysis, Salesforce is currently trading below its Fair Value, suggesting potential upside opportunity for investors.
Salesforce is renowned for its comprehensive suite of services, which include the revolutionary Agentforce, a digital labor solution that integrates with its Customer 360 applications, Data Cloud, and Einstein AI. This integration aims to create a seamless workforce by combining human and digital agents, thus enhancing customer success on a unified and trusted platform.
The announcement is based on a press release statement issued by Salesforce and does not include any promotional content or subjective claims about the company’s market position or future prospects. It is a factual report of Salesforce’s recent dividend declaration and the company’s service offerings.
Investors and shareholders of Salesforce can anticipate the dividend payment in late April, following the established record date. The company’s performance, with annual revenue of $37.9 billion, and strategic initiatives, such as Agentforce, continue to play a crucial role in its market presence and influence within the AI CRM sector. InvestingPro subscribers have access to 10+ additional exclusive insights and a comprehensive Pro Research Report that provides deep-dive analysis of Salesforce’s financial health and growth prospects.
In other recent news, Salesforce has been actively engaging in several strategic moves and developments. The company recently granted equity awards to new hires from its acquisitions of Own Company and Zoomin, issuing a total of 95,777 restricted stock units to 218 employees. These awards are part of Salesforce’s strategy to integrate new talent and encourage long-term commitment. Analysts have also been weighing in on Salesforce’s prospects, with Truist Securities maintaining a Buy rating and a $400 price target, citing growth drivers like Data Cloud and AI/Agentforce as potential catalysts for revitalizing growth through fiscal year 2026.
TD Cowen analysts reiterated a Buy rating with a $375 target, highlighting an 11% growth in current remaining performance obligations, which slightly exceeded expectations. However, they noted that subscription growth forecasts for fiscal year 2026 were slightly below their estimates. BMO Capital Markets adjusted its price target to $367 from $375, maintaining an Outperform rating despite acknowledging some minor setbacks in subscription revenue growth. The firm’s analysts remain optimistic about Salesforce’s Data Cloud and Agentforce offerings.
A report from Salesforce also emphasizes the growing importance of AI agents in the retail sector, with 76% of retailers planning to increase their AI investments in the coming year. These developments indicate Salesforce’s ongoing efforts to strengthen its market position and adapt to the evolving technological landscape.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.