Microsoft Announces Dividend and Stock Buyback Program

neile writes "Microsoft just announced some of their plans for their large cash reserves. This includes moving to quarterly dividend payments of $0.08 a share (up from $0.16 annually), and a special one-time dividend of $3.00 a share in December. The Board of Directors also approved a four-year, $30 billion, stock buyback plan."

Comments

Any company with that much cash

[davidwr]

Any company with that much cash that they can't put to good use owes it to their employees to either invest it a la Warren Buffet, or disperse it to its shareholders so they can invest it or spend it as they see fit.

I don't think Microsoft sees itself as an investment company a la Buffet's Berkshire Hathaway. They see themselves (accurately or not) as a technology innovation company.