Seeking Alpha

Microsoft names activist investor to board; declares dividend

  • Microsoft (MSFT) has named Mason Morfit, the President of activist investor ValueAct Capital, to its board and audit committee as part of a deal that was agreed in the summer.
  • Microsoft offered Morfit the board seat in August after ValueAct Capital bought a $2B holding in the company in April and began to agitate for change.
  • Microsoft also declared a quarterly dividend of $0.28 a share. The dividend is payable on June 12 to shareholders of record on May 15. The ex-dividend date will be May 13. (PR)
From other sites
Comments (1)
  • Transcripts&10-K's
    , contributor
    Comments (1040) | Send Message
     
    Great addition to the board.
    12 Mar 2014, 07:12 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs