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Microsoft Corp Announces Quarterly Dividend Increase And Share Repurchase Program

Tuesday, 17 Sep 2013 09:00am EDT 

Microsoft Corp. announced on that its Board of Directors declared a quarterly dividend of $0.28 per share, reflecting a USD0.05 or 22 % over the previous quarter's dividend. The dividend is payable Dec. 12, 2013, to shareholders of record on Nov. 21, 2013. The ex-dividend date will be Nov. 19, 2013. 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, replaces the previous $40 billion share repurchase program that was set to expire Sept. 30, 2013. 

Company Quote

0.64 +1.44%
23 Oct 2014