Microsoft Hikes Dividend, Announces $60 Billion Stock Buyback
Microsoft's share repurchase program, which has no expiration date, replaces its previous $60 billion authorization announced four years ago. Meanwhile, investors also cheered the news that shareholders of record as of Nov. 21 will receive a quarterly dividend of 83 cents per share, up from the current 75 cents a share.
Numerous growth drivers and strong tailwinds should combine to drive this artificial intelligence (AI) pioneer higher.
Microsoft Corp. announced a 10 per cent increase in its quarterly dividend and introduced a new $60 billion stock buyback ...
Microsoft stock is up 2% after the software group hiked its dividend and said it [would launch a new $60 billion buyback program]( ...
Wall Street expects Nvidia to deliver $4.02 in earnings per share during fiscal 2026, which places its stock at a forward P/E ...
JP Morgan Research has forecasted the S&P 500 to be at 4,200 by December 2024, according to the mid-year outlook from July 19 ...
Microsoft Corp shares were advancing for a seventh straight session on Tuesday, putting the stock on pace for its highest close since late July. Shares of the tech giant were 1.9% higher on Tuesday, ...
The S&P 500 ( ^GSPC) climbed roughly 1.7%, while the Dow rose more than 1.2%, with both indexes trading at record highs. The tech-heavy Nasdaq Composite ( ^IXIC) led the gains, up roughly 2.5%.
Nvidia's huge stock rally is still exerting an outsized influence over the S&P 500 index , reinforcing concerns that broader ...
Nvidia's partners are showing that the AI titan has "strong runway" for at least the next year, one analyst says.
The second reason to be excited about Microsoft is the sheer number of analysts who are bullish on the stock. Since the company released its last earnings report, Wells Fargo, UBS Group, and Wedbush ...
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