Microsoft today announced that its board of directors declared a quarterly dividend of $0.16 per share, reflecting a 3 cent or 23 percent increase over the previous quarter’s dividend. The dividend is payable December 9, 2010 to shareholders of record on November 18, 2010. The ex-dividend date will be November 16, 2010.

A chart of Microsoft’s quarterly dividends per share from September 2004 – present. For the ten years ending June 30, 2010, Microsoft has returned nearly $170 billion to shareholders through dividends and share repurchases.

Click for larger image.

"This higher dividend, combined with our ongoing share repurchase program, reflects our commitment to returning capital to our shareholders and our confidence in the long-term growth of the company,” said Peter Klein, chief financial officer of Microsoft.

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