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Microsoft stock rose 1% in premarket trading

Tiger Newspress2021-09-15

Microsoft stock rose 1% in premarket trading on boosting dividend 11% and setting new $60 billion buyback.

Microsoft Corporation said in a statement Tuesday it plans to buy back $60 billion worth of shares.

The company’s share repurchase program has no expiration date and can be terminated at any time, as per the statement.

The Redmond, Washington-based tech giant also declared a quarterly dividend of $0.62 per share, an increase of 6 cents, or 11%,over the previous quarter.

The dividend will be payable on Dec. 9 to shareholders of record on Nov. 18 with the ex-dividend date set as Nov. 17.

Additionally, Microsoft’s board of directors approved the appointment of Brad Smit has president and vice chair.

Microsoft’s dividend announcement isin line with the estimateof Morgan Stanley analyst Keith Wiess,who said the company could increase its dividend per share from 56 cents to 62 cents.

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评论14

  • SanWangtikup
    ·2021-09-15
    Tell me your opinion about this news...
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    • MIe
      Microsoft steady long-term#
      2021-09-17
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  • JoelLee
    ·2021-09-15
    Wow weeeee
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  • S17
    ·2021-09-15
    Great!
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  • koolgal
    ·2021-09-15
    Microsoft investors are celebrating!  Higher dividends is music to their ears! Are you in? 
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    • koolgal回复47bde334
      Yes that is certainly hefty.  👍😊
      2021-09-16
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    • 47bde334回复koolgal
      Indeed hefty [Helpless]
      2021-09-16
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    • koolgal
      Hurray! 👍😊💐💐💐
      2021-09-16
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    查看更多 2 条评论
  • RomeoT
    ·2021-09-15
    Good
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  • dw321
    ·2021-09-15
    Why
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    • WCH123
      just because
      2021-09-15
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  • angkw
    ·2021-09-15
    Good.. 
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  • Danpushpop
    ·2021-09-15
    Nice
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  • WwwQY
    ·2021-09-15
    Up Softly 
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  • YS_ZENG
    ·2021-09-15
    Pls like!
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    • JeremyKok
      hi. please like and comment back. thank you.
      2021-09-16
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  • MetalGuru
    ·2021-09-15
    Good news 😊
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  • Kundos
    ·2021-09-15
    Wow
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  • lynlion
    ·2021-09-15
    Good 
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  • Slowdownpok
    ·2021-09-15
    First time giving away high dividends!
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