Microsoft ( MSFT ) announced Tuesday that it was hiking its quarterly dividend to 16 cents a share from 13 cents a share -- a 23% increase. The new dividend represents an annual dividend yield of 2.5%, TheStreet reported . Microsoft had not raised its dividend in two years. Sponsored Links adsonar_placementId=1505951;adsonar_pid=1990767;adsonar_ps=-1;adsonar_zw=242;adsonar_zh=252;adsonar_jv='ads.tw.adsonar.com'; "This higher dividend, combined with our ongoing share repurchase program, reflects our commitment to returning... Continue reading Microsoft Ups Dividend, Plans to Sell Debt Microsoft Ups Dividend, Plans to Sell Debt originally appeared on DailyFinance on Wed, 22 Sep 2010 06:50:00. Filed Under: Company News , Technology , Microsoft , Credit Permalink | Tweet this! | Comments