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Old 07-20-2004, 20:12   #1
SamBuca
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MSFT in the news

I'm surprised no one else has mentioned this on here: http://biz.yahoo.com/rb/040720/tech_...ft_cash_8.html

Quote:
SEATTLE (Reuters) - Microsoft Corp. (NasdaqNM:MSFT - News), the world's No. 1 software maker, said on Tuesday it plans to return more than $75 billion in cash to shareholders over the next four years in the largest corporate payout ever.

...

Microsoft's board of directors approved a quarterly dividend of 8 cents per share, effectively doubling the current 16 cents per share annual dividend. Microsoft will also buy up to $30 billion of its own stock over the next four years.

The board also approved a one-time special dividend of $3 per share, subject to shareholder approval at the annual meeting in November.
I'm already set to buy when the market opens. Anyone else making a quick buck from MSFT?

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Old 07-21-2004, 07:26   #2
Toyman
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Heck, I'm still waiting for my PermaTemp settlement check from them from 1997. But I think as soon as I get it I might pick up a few shares.
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