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Microsoft Stock Rises on News of $3 Dividend

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Microsoft Stock Rises on News of $3 Dividend

Business

Microsoft Stock Rises on News of $3 Dividend

Microsoft Stock Rises on News of $3 Dividend

  • Download
  • <iframe src="https://www.npr.org/player/embed/3607072/3607073" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Microsoft stock rises, a day after the software giant said it would give some $75 billion in cash to shareholders over the next four years — roughly $3 a share. Analysts say the company's decision to release some of its cash reserves shows that Microsoft is no longer a "growth" company, but has matured into a company that must pay dividends. NPR's Wendy Kaufman reports.

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