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Microsoft (MSFT -2.2%) is trading lower following its dividend hike, as investors appear upset...
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Wednesday, September 21, 2011, 3:27 PM ETMicrosoft (MSFT -2.2%) is trading lower following its dividend hike, as investors appear upset the company didn't make a larger move, as some had called for or hoped. Citi thinks the move nonetheless brings Microsoft's yield to a level where income investors may be intrigued, but is concerned about the lack of an additional near-term catalyst.
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