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.
Why Microsoft Corp (MSFT) Stock is Currently 2.91% Above from Its 20-Day SMA?
Microsoft Corp (MSFT) stock saw a modest uptick, ending the day at $427 which represents a slight increase of $3.96 or 0.94% from the prior close of $423.04. The stock opened at $423.31 and touched a low of $419.
Microsoft Boosts Dividend, Authorizes Buyback of Up to $60 Billion
Microsoft will raise its quarterly payout by about 11% and begin a new stock-buyback program.
Microsoft Unveils $60 Billion Stock Buyback: Time to Buy MSFT Stock?
Microsoft's latest share repurchase plan is expected to please income-oriented investors. Is it the right time to buy the MSFT stock?
Microsoft announces biggest-ever share buyback scheme to help boost investment
Tech giant Microsoft revealed that its board of directors approved a new $60 billion stock-buyback program. The repurchase program has no expiration date and may be terminated at any time, according to the company’s statement.
Microsoft plans new $60 billion buyback, raises dividend 10%
Microsoft has raised its quarterly dividend 10% and unveiled a new $60 billion stock-buyback program, matching the size of a repurchase plan three years ago.
Microsoft boosts S&P 500 with 2.5% rise on new $60 billion buyback plan, quarterly dividend hiked by 10%
Microsoft Corp. announced a 10% increase in its quarterly dividend and launched a new $60 billion stock buyback program, matching the size of its repurchase plan from three years ago.
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