Wall Street Watch Wednesday: Microsoft Sweetens the Pot for Investors
Filed under: General Electric , Goldman Sachs , Microsoft, Market News
Microsoft (MSFT) wants to reward its patient shareholders.
The world’s largest software company announced Tuesday after the market close that it would be increasing its quarterly dividend by 15%. Shareholders will now be receiving $0.23 a share every three months.
The move pushes Microsoft’s yield up to nearly 3%, rivaling the payouts that fixed income investors are generating. The 10-year government bond, for example, is currently yielding only 1.8%.
The market would still gladly trade away…
Wall Street Watch Wednesday: Microsoft Sweetens the Pot for Investors originally appeared on DailyFinance.com on 2012-09-19T08:45:00Z.
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