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Microsoft Boosts Dividend by 15 Percent

Published on September 18, 2012
by Steven Russolillo

Microsoft is getting in on the dividend-raising party.

The software giant boosted its quarterly payout by 15 percent as it looks to find ways to boost shareholder returns. The increase means Microsoft will now pay 23 cents a share, up from 20 cents. The raised payout will cost the company an additional $1 billion a year.

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