Microsoft will pay dividends for the first time

Microsoft increased the profit of 12% by the results of the second financial quarter and will pay dividends for the first time in its history.

Investors can celebrate victory: Microsoft has liquid assets of $ 43 billion, but still has not wanted to share them. This is a unique case for large American corporations, Bloomberg notes. The announcement of the payment of dividends was a complete surprise for investors. Until recently, the management announced that it would invest all the profits. For example, at the last meeting of shareholders in the fall, in response to the next request, the financial director of Microsoft John Connors noted that Microsoft invests a lot of money in research and development and, in addition, is the defendant in numerous lawsuits, and therefore paying dividends is inappropriate.

The company will pay shareholders an income of 8 cents per share, which in the evening on Thursday cost 53.64 dollars.

Microsoft also reduced the prognosis of revenue for the current quarter and for a year in general, which led to the fall in the value of its shares at evening auction, after the company declared its quarterly results, by 4.8%.

Microsoft will consume $ 856 million to pay dividends, of which Bill Gates found 97.9 million.