Microsoft announces quarterly dividend increase and new share repurchase program
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Deutsche Bank Reiterates Buy Rating on Microsoft (MSFT)
September 17, 2024 9:31 AM EDTDeutsche Bank analyst Brad Zelnick reiterated a Buy rating and $475.00 price target on Microsoft (NASDAQ: MSFT).
The analyst comments "What's New: Consistent with historical cadence, Microsoft announced a 10.7% increase in its quarterly dividend to $0.83/sh (from $0.75/sh) on Monday after the close, along with a new $60bn share repurchase authorization with no set expiration... More
