Microsoft Announces 10% Dividend Hike and Share Buyback: What It Means for Investors
Microsoft ($MSFT) investors are about to be rewarded. On September 16, the company announced that it will increase its dividend payments by 10%, from $0.75 per share to $0.83. This is consistent with the company's past practices,
Microsoft Hikes Dividend, Announces $60 Billion Stock Buyback
Microsoft's share repurchase program, which has no expiration date, replaces its previous $60 billion authorization announced four years ago. Meanwhile, investors also cheered the news that shareholders of record as of Nov. 21 will receive a quarterly dividend of 83 cents per share, up from the current 75 cents a share.
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