Technology giant Microsoft Corporation (MSFT) recently announced a quarterly dividend of $0.62 per share, an increase of about 11% from the previous dividend of $0.56. The dividend will be paid on December 9, 2021, to shareholders of record as of November 18, 2021. The company’s annual dividend of $2.30 per share now reflects a dividend yield of 0.8% based on Tuesday’s closing price. Notably, the company has been raising its quarterly dividend consistently over the past decade, making it an attractive choice for investors. (See Microsoft stock chart on TipRanks) Meanwhile, the company has announced a new share repurchase program and authorized up to $60 billion in share repurchases.
https://www.tipranks.com/news/microsoft-hikes-quarterly-dividend-announces-share-repurchase-program?utm_source=advfn.com&utm_medium=referral
Microsoft (NASDAQ:MSFT)
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Microsoft (NASDAQ:MSFT)
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