Microsoft plans new $60 billion buyback, raises dividend 10%
Microsoft has raised its quarterly dividend 10% and unveiled a new $60 billion stock-buyback program, matching the size of a repurchase plan three years ago.
Microsoft Boosts Dividend, Authorizes Buyback of Up to $60 Billion
Microsoft will raise its quarterly payout by about 11% and begin a new stock-buyback program.
Microsoft Announces $60 Billion Stock Buyback and Dividend Increase
Microsoft has announced a $60 billion stock buyback plan, the largest in its history, and a 10% dividend increase.
Watch These Microsoft Stock Price Levels Amid Recent Bullish Momentum
Microsoft shares rose for the the seventh consecutive session on Tuesday, with the latest gains coming after the tech giant hiked its quarterly dividend by 10% and approved a $60 billion stock buyback.
Microsoft Stock Drives Dow After Dividend Hike
Microsoft Corp (NASDAQ:MSFT) stock is up 2.3% to trade at $441.13 this morning, propping up the Dow, after the blue-chip tech titan announced a new $60 billion share buyback plan. Microsoft also hiked its quarterly dividend by 10.7% to 83 cents per share.
Microsoft Hikes Dividend, Announces $60 Billion Stock Buyback
Microsoft's share repurchase program, which has no expiration date, replaces its previous $60 billion authorization announced four years ago. Meanwhile, investors also cheered the news that shareholders of record as of Nov. 21 will receive a quarterly dividend of 83 cents per share, up from the current 75 cents a share.
Microsoft Is Ratcheting Up Its Shareholder Value
Microsoft Corporation is a top tech stock with solid financials, innovative products, and potential for growth, but also comes with risks. Read more about MSFT stock here.
Prediction: Nvidia Stock Is Going to Soar in the Remainder of 2024
Wall Street expects Nvidia to deliver $4.02 in earnings per share during fiscal 2026, which places its stock at a forward P/E ...
Microsoft: Buy In Time For AI Payoff
Microsoft stock is positioned for material outperformance thanks to AI-related investments. Read more on what the market can ...
Top Stock Movers Now: Intel, Microsoft, Amazon, Cigna, and More
U.S. equities were higher around midday as August retail sales were higher than anticipated and the Fed began its two-day ...
Nvidia, Meta, Apple, and Microsoft Could Help This Stock-Split ETF Turn $200,000 Into $1 Million
This ETF is comfortably beating the return of the S&P 500 thanks to its holdings in the world's largest AI stocks.
Microsoft Corp. stock underperforms Wednesday when compared to competitors
Shares of Microsoft Corp. slumped 1.00% to $430.81 Wednesday, on what proved to be an all-around grim trading session for ...
Which Tech Stock Is Better: Apple or Microsoft?
In this article, I evaluate two leading technology stocks, Apple (AAPL) and Microsoft (MSFT), to determine which is the ...
Meet the Supercharged Growth Stock Headed to $10 Trillion by 2030, According to 1 Wall Street Analyst
Numerous growth drivers and strong tailwinds should combine to drive this artificial intelligence (AI) pioneer higher.