Microsoft Declares Annual Dividend and Announces Two-for-One Split On Common Stock
PR Newswire - January 16, 2003 16:48
REDMOND, Wash., Jan. 16 /PRNewswire-FirstCall/ -- Microsoft Corp. (Nasdaq: MSFT) today announced that its Board of Directors declared an annual dividend and approved a two-for-one split on Microsoft common stock. The annual dividend of $0.16 per share pre-split ($0.08 post-split) is payable March 7, 2003, to shareholders of record at the close of business on Feb. 21, 2003. As a result of the stock split, shareholders will receive one additional common share for every share held on the record date of Jan. 27, 2003.
