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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2hon MSN
Microsoft Corp. closed $29.66 short of its 52-week high ($468.35), which the company reached on July 5th.
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Microsoft Corporation is a top tech stock with solid financials, innovative products, and potential for growth, but also ...
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