Microsoft Increases Dividend by 10.7% to $0.83 and Initiates $60B Buyback
Tuesday, 17 September 2024, 04:16
Microsoft's Strong Commitment to Shareholders
Microsoft (MSFT) has announced a remarkable increase in its quarterly dividend by 10.7%, raising it to $0.83 per share. This dividend will be distributed on December 12 for shareholders of record on November 17.
Share Buyback Initiative
In addition to the dividend hike, Microsoft has also unveiled a $60 billion share buyback authorization. This move demonstrates the company's strong financial position and its unwavering commitment to enhancing shareholder value.
- Significant increase in dividend reflects strong performance
- Buyback program highlights investor confidence
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.