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Microsoft Corp (NASDAQ:MSFT) Reports Quarterly Dividend

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Microsoft Corp (NASDAQ:MSFT) reported that its board of directors announced a quarterly payout of $0.42 a share. The payout is payable March 8, 2018, to stockholders of record on February 15, 2018. The ex-dividend date is reported to be February 14, 2018. Microsoft allows digital transformation for the period of an intelligent edge and an intelligent cloud. Its objective is to empower every organization and every person on the planet to attain more.

The buzz

Speaking to shareholders at Microsoft yearly meeting, Satya Nadella, the CEO highlighted the way digital technology is leading transformation, and the prospect for Microsoft to assist its partners and customers thrive in this growing world. Nadella expressed that every consumer is looking for unique know-how to lead new growth as well as a strategic associate that can assist them establish their own digital capability. Microsoft will continue to offer differentiated solutions utilizing new technologies, like artificial intelligence, mixed reality and cloud, to empower their consumers to grow and thrive.

Amy Hood, the Chief Financial Officer and EVP, highlighted company’s robust performance over the previous fiscal year including sustained growth in its commercial cloud business. Hood stated that company’s disciplined investment, world-class talent and innovation road map positions them for continued growth and offer value for shareholders.

Brad Smith, the Chief Legal Officer and President highlighted Microsoft’s plans to renovate its headquarters in Redmond via latest construction. This investment underlines the firm’s continued commitment to establish a remarkable place to work and improve economic opportunity for the entire area.

During the meeting, the firm elected four new directors and re-elected 10 directors to serve until the next yearly meeting of the shareholders. Microsoft shareholders approved, the FY2017 compensation of the firm’s named executive officers. Also, they passed an annual advisory vote on executive compensation.

In the last trading session, the stock price of gained 0.11% to close the day at $84.26.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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