MSFT - raises it dividend by 25%!!
With so much money on the books - some 63 Billion - and a stock that looked to be stuck in the same range for the last ten years - Microsoft has been under alot of pressure to start returning more monies back to investors. They have rasied the dividend to $0.20 per share per quarter - really good news.
I am glad I decided to up my stake in MSFT on Monday - at the time it seemed to me that it was under valued and I wanted to get enough stock in hand to make use of the synthetic DRIP in my TD account.
MSFT on Barrons