Microsoft Hikes Dividend; Plans $60 Billion Share Buyback to Enhance Shareholder Value

Monday, 16 September 2024, 18:30

Microsoft has announced a significant hike in its quarterly dividend alongside plans to buy back up to $60 billion of shares. This move underscores Microsoft's commitment to enhancing shareholder value while maintaining a strong financial position. The declared dividend shows a notable increase of 10% per share, indicating confidence in future growth and performance.
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Microsoft Hikes Dividend; Plans $60 Billion Share Buyback to Enhance Shareholder Value

Microsoft Hikes Dividend announced a quarterly dividend of $0.83 per share, marking a 10% increase over previous payouts. Concurrently, Microsoft disclosed its intention to repurchase up to $60 billion in shares, reinforcing its dedication to returning capital to shareholders. These strategic financial maneuvers reflect robust confidence in its ongoing performance and future growth trajectory.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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