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Microsoft: raises quarterly dividend 10%

( - Microsoft shares actually failed to stay afloat on Wall Street on Tuesday (cp: -0.
1%), despite announcing a 10% increase in its quarterly dividend.

The US software giant raised its quarterly dividend by seven cents to 75 cents per share, effective ON 14 December for shareholders ON record on 16 November.

At current prices, Microsoft is valued at just over $2.4bn, not far behind the world's largest market capitalisation, Apple at $2,7bn.

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