We recently compiled a list of the 10 Buzzing AI Stocks According to Goldman Sachs. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the other buzzing AI stocks.

We recently compiled a list of the 10 Best Fortune 500 Stocks To Buy Now. In this article, we are going to take a look at where Microsoft Corp. (NASDAQ:MSFT) stands against the other Fortune 500 stocks.

The tech giant declared a quarterly dividend of $0.83 per share, reflecting an 8 cent, or 10%, increase over the previous quarter. In July, the company said it will spend more this fiscal year on AI infrastructure. It reported a 77.6% rise in capital spending in the quarter ended June 30, largely due to AI-related expenses.

Speculation is rife about when a Microsoft stock split could come in 2024 after the monster rally in the share price. What can we expect from MSFT?

Microsoft said its next quarterly dividend would be 83 cents a share, up from 75 cents. It also announced a $60 billion share repurchase authorization.

Microsoft late Monday announced a $60 billion buyback and a 10% quarterly dividend hike. MSFT stock rose slightly Tuesday.

Microsoft Corp. announced a 10% increase in its quarterly dividend and launched a new $60 billion stock buyback program, matching the size of its repurchase plan from three years ago.