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’s stock leaned lower in early Monday trading, after D.A. Davidson’s Gil Luria became one of the rare Wall Street ...
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Overall, history indicates that the buyback will have little impact on Microsoft's stock. While $60 billion sounds like a lot ...
Microsoft and Oracle are top cloud computing stocks that benefit from the proliferation of AI services in the cloud.
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Citing their own hyperscaler semiconductor data, the analysts at D.A Davidson said Microsoft is "beholden" to Nvidia, its ...
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