Microsoft has announced a $40 billion dollar stock buy-back and an increase of 22% to its dividend. This announcement will surely have a positive impact on the relatively stagnant price of Microsoft’s stock and should appease many shareholders, as this will increase the value of the company’s outstanding shares.
The dividend will increase by 5 cents to 28 cents per share and is payable Dec 12, 2013 to shareholders of record on Nov. 21, 2013. The payout was approved by Microsoft’s board of directors and Amy Hood, CFO stated, “These actions reflect a continued commitment to returning cash to our shareholders”.
Source: http://www.neowin.net/news/microsoft-40-billion-stock-buyback-dividend-increase]