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September 13, 2007

Microsoft boosts dividend by a penny

Posted by David Hunter at 8:18 AM ET.

Yesterday, Microsoft’s board declared a quarterly dividend of $0.11, up a penny from last quarter’s $0.10. It is payable December 13, 2007 to shareholders of record as of November 15. Presumably, it is a sop to shareholders concerned by the anemic stock price, but it is rather hard to figure why this is the best possible use of the cash.

Filed under Financial, General Business, Investor Relations, Microsoft

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