Microsoft Hikes Dividend, Announces $60 Billion Stock Buyback
Microsoft's share repurchase program, which has no expiration date, replaces its previous $60 billion authorization announced four years ago. Meanwhile, investors also cheered the news that shareholders of record as of Nov. 21 will receive a quarterly dividend of 83 cents per share, up from the current 75 cents a share.
This ETF is comfortably beating the return of the S&P 500 thanks to its holdings in the world's largest AI stocks.
Microsoft and Amazon are in fierce competition, navigating stock signals and making strides in AI. Microsoft is a shareholder ...
U.S. equities were higher around midday as August retail sales were higher than anticipated and the Fed began its two-day ...
Microsoft stock is up 2% after the software group hiked its dividend and said it [would launch a new $60 billion buyback program]( ...
Some of the biggest names in artificial intelligence (AI) are choosing Oracle's data centers, including OpenAI and Elon ...
Consumer spending was tepid last month but exceeded forecasts. Data from the Census Bureau showed retail sales were up 0.1% ...
U.S. stocks ended mixed on Monday, as traders’ expectations for the Federal Reserve to deliver a 50-basis-point rate cut on ...
JP Morgan Research has forecasted the S&P 500 to be at 4,200 by December 2024, according to the mid-year outlook from July 19 ...
Microsoft is recovering from a mid-summer slump and shares remain nearly 15% higher for the year to date. Unsurprisingly, ...
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