Microsoft Corp., the world’s biggest software maker, raised its quarterly dividend 25 per cent to 20 cents, providing investors with a payout at the upper end of forecasts. The change, announced in a statement today, boosts the yield to 2.97 per cent from 2.37 per cent.
Microsoft generally has a policy of boosting the dividend in line with operating income. While the increase exceeded the 13 per cent growth in operating income in the past fiscal year,...
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