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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Microsoft has raised its quarterly dividend 10% and unveiled a new $60 billion stock-buyback program, matching the size of a ...
Microsoft Corp (NASDAQ:MSFT) stock is up 2.3% to trade at $441.13 this morning, propping up the Dow, after the blue-chip tech ...
Microsoft will raise its quarterly payout by about 11% and begin a new stock-buyback program.
Numerous growth drivers and strong tailwinds should combine to drive this artificial intelligence (AI) pioneer higher.
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