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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Microsoft Corporation | NASDAQ:MSFT | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.73 | 0.17% | 423.81 | 423.89 | 423.95 | 10,105 | 10:11:00 |
From May 2022 to May 2024
By Colin Kellaher
Microsoft Corp. on Tuesday said its board raised the quarterly dividend by 9.7% to 68 cents a share.
The new payout, equal to $2.72 a year, represents an annual yield of about 1.11% based on Monday's closing price of $244.52, up from 1.01%.
The Redmond, Wash., technology giant said the increased dividend is payable Dec. 8 to shareholders of record Nov. 17.
Microsoft is among the largest U.S. dividend payers, with cash payouts topping $18 billion for its most recent fiscal year ended June 30.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 20, 2022 09:30 ET (13:30 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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