Microsoft Corp. is ramping up its dividend for the first time in two years as it prepared to borrow billions of dollars. Its board of directors agreed on a quarterly dividend of 16 cents per share, an increase of 3 cents or 23 percent over the prior quarter’s dividend. Get the full story »
Inside these posts: Dividends
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Walgreens raises its quarterly dividend
Walgreen Co. on Wednesday raised its quarterly dividend 27 percent to 17.5 cents a share, topping its compound annual dividend growth rate of 24 percent in the past six years. Last year, the drugstore chain raised its dividend 22 percent and set a long-term dividend payout target of 30 percent to 35 percent of net earnings. Get the full story »