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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Janet I. Tu.

Topic: dividend

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March 11, 2014 at 10:22 PM

Microsoft expands board, announces quarterly dividend

Microsoft expanded its board to 11 members Tuesday with the addition of G. Mason Morfit, 38, president of ValueAct Capital. The move was expected — the result of an agreement announced last August in which Microsoft’s board averted a proxy battle. Under the agreement, ValueAct Capital won the option of a board seat and regular meetings…

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September 17, 2013 at 9:45 AM

Microsoft’s board boosts dividend, announces share buyback

Microsoft’s board of directors boosted its quarterly dividend to 28 cents per share, up from the 23 cents per share that has been paid out as a dividend for the past several quarters.

The dividend is payable Dec. 12 to shareholders of record on Nov. 21. The ex-dividend date will be Nov. 19.

In addition, the board approved a new $40 billion stock buyback program, which replaces the one set to expire Sept. 30. The new buyback program has no expiration date.

The 22 percent increase in the quarterly dividend was “a bit larger than the 15 percent” Wall Street analysts had expected, longtime Microsoft analyst Rick Sherlund wrote in a note to investors this morning.

Sherlund, who works for investment bank Nomura, added in his note that the move “likely signals some ongoing changes in corporate governance.”

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March 12, 2013 at 3:09 PM

Microsoft announces quarterly dividend, changes IE policy on Flash, launches Lync 2013 mobile app

I’m back in the office after a few days away. Here are several things that happened during that time: – Microsoft on Monday declared a quarterly dividend of 23 cents per share — the same amount as its past few quarterly dividends. The dividend is payable June 13, 2013 to shareholders of record on May 16,…

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Comments | More in Microsoft | Topics: dividend, flash, internet explorer