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General

Microsoft increases quarterly div to USD 0.56 per share

Wednesday 16 September 2020 | 08:57 CET | News

Microsoft has increased its quarterly dividend by 10 percent (5 cents) over the previous quarter, to USD 0.56 per share. The dividend will be paid out on 10 December to shareholders of record on 19 November. 

The ex-dividend date will be 18 November. Microsoft also announced it will be holding its annual shareholders meeting on 2 December. Shareholders at the close of business on 8 October will be entitled to vote their shares.

Microsoft reports double digit revenue growth in its fiscal fourth quarter to June, with an operating profit rising 8 percent. The net profit was affected by store shutdowns, among other factors.



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Categories: General
Companies: Microsoft
Countries: World
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