Wednesday, 21 September 2011

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

Motley Fool

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