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Microsoft Looks to Return Value to Shareholders

Category: General News
Posted: 03:57PM

Microsoft has announced a pair of moves designed to share the wealth with shareholders, a $40 billion share buyback and 8% dividend increase. A similar buyback announced in 2013 is expected to complete this year, with no target completion date set for this buyback. The dividend increase is smaller than the past two years increase of 16% and 11%, and it represents a 2.7% yield at current prices. Stifel Nicolaus & Co. analyst Brad Reback wasn't worried about the lower dividend increase as it was "in line with expectations given the LinkedIn acquisition."

Source: Wall Street Journal

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