$Microsoft(MSFT)$ Microsoft Co-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Microsoft(MSFT)$

Microsoft Corp. raised its quarterly dividend 10% and unveiled a new $60 billion stock-buyback program, matching the size of a repurchase plan three years ago. The company’s shares gained as much as 2.4%.

The software company said late Monday that shareholders as of Nov. 21 will receive a quarterly dividend of 83 cents a share, compared with the current 75 cents. The share repurchase agreement, which has no expiration date, replaces a buyback program announced in 2021 that was also $60 billion.

Microsoft Increased Dividend: Is the Greatest Pick?

Microsoft is increasing its quarterly dividend by 10% and plans to repurchase up to $60 billion in stock. Microsoft announced an increase in its quarterly dividend and a new stock repurchase plan. The company has approved a new $60 billion stock repurchase program and announced a quarterly dividend of $0.83 per share. -------- Have you held Microsoft in your portfolio? What's your target price?

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