Increase dividend and one piece of profit

Increase dividend and one piece of profit

By Davit Kerakossian

Microsoft (NASDAQ:) raised its quarterly dividend by 10% to $0.68 per share (or $2.72 annually), payable December 8 to shareholders of record November 17.

Glattfilter (NYSE:) announced that its board of directors has suspended the distribution of the company’s quarterly cash dividend to focus efforts on improving the operating and financial results of the business. The dividend suspension is expected to free up approximately $25 million annually in cash flow.

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