Technology Giant Microsoft (MSFT) Is Raising Its Dividend Yield: TheStreet

TheStreet

Published on Sep 21, 2016

Microsoft (MSFT) announced plans to purchase $40 billion worth of its own stock - that's 9% of total shares. The technology giant also plans to raise its dividend to $0.39 a share per quarter - up from $0.36. Shares rose over 1% on the news. TheStreet's Scott Gamm reports from Wall Street.