Microsoft’s Dividend Increase and the Strategy of Dividend Growth Investing September 18, 2015

This week, the board of directors of Microsoft (ticker: MSFT) declared a quarterly dividend on the company’s common stock of $0.36 per share for the first quarter of FY16, a 16.1% increase over the dividend paid for the same quarter a year ago. This is the sixth consecutive year the company has raised its dividend. MSFT is one of the stock holdings in NovaPoint Capital’s Dividend Growth Strategy.  Our Strategy seeks to own high-quality, dividend-paying stocks that have demonstrated resilience…

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