Dow Component Microsoft (MSFT) To Go Ex-dividend Tomorrow

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The Dow Jones Industrial Average ( ^DJI) is trading up 157 points (+0.9%) at 16,819 as of Monday, Aug 18, 2014, 10:36 a.m. ET. During this time, 58 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 301.3 million. The NYSE advances/declines ratio sits at 2,378 issues advancing vs. 538 declining with 181 unchanged.
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Tuesday, August 19, 2014 is the ex-dividend date for Dow component Microsoft (Nasdaq: MSFT). Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $44.82 as of 10:36 a.m. ET, the dividend yield is 2.5% compared to the average Dow component yield of 2.6%.

The average volume for Microsoft has been 28.4 million shares per day over the past 30 days. Microsoft has a market cap of $364.78 billion and is part of the technology sector and computer software & services industry. Shares are up 18.3% year-to-date as of Friday's close.

Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company's Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system. The company has a P/E ratio of 16.8, equal to the average computer software & services industry P/E ratio.
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