Microsoft doubles dividend
crn.com | at | by Mike
Microsoft is doubling its annual dividend to 16 cents a share. The fiscal 2004 dividend - only the company's second ever - is payable Nov. 7 to shareholders of record at the close of business Oct. 17. A company news release described the payment as Microsoft's "second annual dividend," apparently because it is being paid in the company's fiscal year 2004, which began July 1. The software giant paid its first ever dividend in March.