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.
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I'm already set to buy when the market opens. Anyone else making a quick buck from MSFT?
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