Microsoft raised its quarterly dividend to 98 cents from 91 cents, continuing a pattern of announcing higher payouts every September.
Last year's increase was from 83 cents.
The new payout, equal to $3.92 a year, would provide an annual yield of 0.79% based on Tuesday's closing price of $497.12. Shares were recently at $498.30 after hours.
The dividend is payable Dec. 10 to shareholders of record Nov. 19.
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