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Thirtysomething for Mister Softee | |
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||
| Time: 13:38 EST/18:38 GMT | News Source: CNN | Posted By: Brian Kvalheim | ||
|
Microsoft turns 30 this year. But it's 30 going on 30...at least when it comes to its stock price. Shares of Microsoft are currently at about $26 and have failed to finish above the $30 level since January 2002 (after adjusting for stock-splits and last year's special one-time dividend). The company came close a couple of times last year and there were a number of factors that could have gotten the stock over the hump: There was the one-time payout of $3 a share; Microsoft increased its regular dividend and boosted its stock buyback program; and it resolved many of its outstanding legal issues. | ||
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