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Microsoft Boosts Dividend by 10%

TheMotleyFool

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Microsoft (NASDAQ: MSFT) wants to give shareholders more money.

The software giant's board of directors approved a 10% increase to its quarterly dividend to $0.56 per share. That equates to an annualized yield of 1.1%, based on Microsoft's current stock price near $207.

Microsoft's shareholders have more cash headed their way. Image source: Getty Images.

Source Fool.com

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