ballmerfeatured

Dividend increase is the latest sign of change at Microsoft

Microsoft is boosting its quarterly dividend to 28 cents a share, a 5 cent increase — slightly more than Wall Street analysts had been expecting. The company also says its board has authorized another $40 billion in share repurchases, replacing a previous repurchase program that was set to expire. “These actions reflect a continued commitment… Read More

Gilmartin

Microsoft board member retiring; company boosts dividend

This just in, two pieces of news from Microsoft’s board of directors this afternoon … Microsoft board member Raymond Gilmartin, who has been a director of the company for more than a decade, has decided not to seek re-election at the company’s upcoming shareholder meeting. The former Merck CEO is 71 years old and is… Read More

Tim Cook (Credit: Apple)

Apple makes sure employees get stock dividend, too

A new regulatory filing from Apple details the company’s plan to ensure its employees receive the equivalent of the dividends it plans to grant to shareholders, even though the type of stock they hold wouldn’t normally be eligible for the payout. The only exception is Apple CEO Tim Cook, who declined to make his stock… Read More