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Microsoft Boosts Dividend by 10%

TheMotleyFool

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Microsoft Boosts Dividend by 10%Photo, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/8b396c5d-cf01-4937-89c4-91ad2f28f1ee.png

Microsoft (NASDAQ: MSFT) wants to give shareholders more money.

The software giant's board of directors approved a 10% increase to its quarterly dividend to $0.56 per share. That equates to an annualized yield of 1.1%, based on Microsoft's current stock price near $207.

Microsoft's shareholders have more cash headed their way. Image source: Getty Images.

Source Fool.com

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