By Bill Maurer:
After its latest quarterly report was extremely disappointing, I was one who suggested that Microsoft (MSFT) needed to wake up. Poor results sent the stock down 11.4%, the largest fall in some time and also the heaviest volume day as well. It was clear that something needed to be done, not just having the CEO retire. I argued that Microsoft needed to either raise its dividend by a decent amount, or announce a large buyback since their current plan was nearing its end. Well, Microsoft investors got the news they were hoping for on Tuesday, and I’m here today to break it all down.
The big dividend raise:
I was on the record stating that Microsoft had to start the dividend at $1.00 annually ($0.25 quarterly) and go from there (higher). Microsoft did just that on Tuesday, announcing a raise to $0.28 per share. This new quarterly
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