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Technology Stocks : Microsoft Corp. - Moderated (MSFT)
MSFT 212.24-1.0%9:41 AM EDT

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From: Sr K9/18/2019 7:37:20 PM
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J.F. Sebastian

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Microsoft raises dividend $.05 to $.51, up 11%.

News release on PR Newswire

Microsoft Corp. on Wednesday announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter's dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. The ex-dividend date will be Nov. 20, 2019.

The board of directors also approved a new share repurchase program authorizing up to $40 billion in share repurchases. The new share repurchase program, which has no expiration date, may be terminated at any time.
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