Microsoft lifts its quarterly dividend by 8% to $0.98 per share, reinforcing Morgan Stanley's bullish outlook and $600 price target for the tech giant.
Microsoft raised its quarterly dividend by 8% and Morgan Stanley reiterated an overweight rating with a $600 price target, supporting a bullish outlook.
Microsoft announced an 8% increase to its quarterly dividend, raising the payout to $0.98 per share. Morgan Stanley maintained its overweight rating on the stock, citing a durable total return profile driven by consistent earnings growth and disciplined capital allocation.
Microsoft has raised its quarterly dividend to $0.98 per share, an 8% increase from the previous quarter.
Morgan Stanley maintains an overweight rating on Microsoft with a $600 price target, citing strong earnings growth and a solid total return profile.