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Microsoft to share its wealth with investors | |
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||
| Time: 00:07 EST/05:07 GMT | News Source: CNET | Posted By: Robert Stein | ||
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Microsoft said Tuesday that it will boost its dividend, buy back shares and offer a $3-per-share one-time payout as part of a plan to return up to $75 billion to shareholders over the next four years. Analysts have been calling on the company for some time to distribute a chunk of its massive cash holdings. The company initially urged patience but had promised in recent months that it would offer a plan for the cash before an analysts' meeting next week. | ||
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