Jim Cramer and Stephanie Link Say There's More To Come From Microsoft

Microsoft announced on Tuesday it increased its dividend by 11 percent. It's the smallest percentage increase in its quarterly dividend in about 5 years.
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Microsoft announced on Tuesday it increased its dividend by 11 percent. It's the smallest percentage increase in its quarterly dividend in about 5 years. Stephanie Link says we still may get more and the company is definitely headed in the right direction. Jim Cramer says CFO Amy Hood has promised bold action but an 11% boost is not bold action; we haven't seen the bold action yet. Link says there's more Microsoft can do on the dividend front. She adds that they have a management dedicated to growing the business and making some acquisitions. Cramer points out that Microsoft is at 16x earnings and the stock is up 24% for the year.