Microsoft’s board of directors could raise the company's quarterly dividend by 13% yoy from 31 cents to 35 cents per share at its upcoming board meeting, believe analysts at Goldman Sachs. Heather Bellini and her colleagues said in report dated August 26 that they expect Microsoft to raise debt or repatriate cash to the U.S. to return more capital to shareholders.
Microsoft could announce 4-cent increase in dividend
Bellini and team point out that a 13% increase in the quarterly dividend is slightly above the 11% or 3-cent increase last year. They note that their analysis concurs with what the options market is pricing in. They add that this level of dividends, including their estimate for $13 billion to 15 billion in share repurchases for FY16,...
