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Strategies & Market Trends : Dividend investing for retirement

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To: chowder who wrote (5896)9/22/2010 8:59:32 AM
From: Triffin  Read Replies (1) of 34328
 
Mr Softy gives raise to shareholders ..

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1:12AM Microsoft increases quarterly dividend by 23% (MSFT) 25.15: Co announces that its board declared a quarterly dividend of $0.16/share, reflecting a $0.03 or 23% increase over the previous Q's dividend. The dividend is payable 12/9/10 to shareholders of record on 9/18/10. The ex-dividend date will be 9/16/10. Co also announced that its board authorized up to $6 bln in incremental commercial paper and longer-term debt. Additionally, co states that under the most recent share repurchase plan approved by the Microsoft board in September 2008, the company has ~$23.7 bln in share repurchase authorization remaining as of June 30, 2010.

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This is another example of a former high growth stock shifting
to a dividend paying strategy .. Note that CSCO plans first
dividend in 2011 ..

Triff ..
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