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Microsoft Increases Quarterly Dividend | |
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| Time: 21:36 EST/02:36 GMT | News Source: Microsoft Press Release | Posted By: Jonathan Tigner | ||
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Microsoft Corp. today announced that its board of directors declared a quarterly dividend of $0.09 per share, reflecting a one cent, or 12.5%, increase over the previous quarters dividend. The dividend is payable March 9, 2006 to shareholders of record on Feb. 17, 2006. The ex-dividend date will be Feb. 15, 2006. We remain confident in our growth prospects and have an exciting product line-up, which includes major releases like Xbox 360, SQL Server 2005, Office 12 and Windows Vista, said Chris Liddell, chief financial officer at Microsoft. Todays announcement of increasing our quarterly dividend continues our momentum on returning cash to shareholders after last years $44 billion cash payout and our previously announced intention to execute the $19 billion remaining under our stock repurchase plan twice as quickly. | ||
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