Microsoft Hikes Dividend and Unveils $60 Billion Stock Buyback Program

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Sept. 14, 2021 7:27 p.m. ET

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Expanding its programme for returning superior to shareholders, Microsoft precocious Tuesday said its committee voted to some boost its quarterly dividend and follow a caller stock repurchase program.

Microsoft (ticker: MSFT) raised its quarterly dividend complaint by 11%, to 62 cents from 56 cents. It was the 12th consecutive twelvemonth that the institution has boosted its quarterly payout pursuing its September committee meeting. The caller complaint gives the institution a output of 0.8%. The hike follows increases of 10% past twelvemonth and 11% successful 2019.


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