Today, Microsoft announced that its board of directors declared a quarterly dividend of $0.16 per share. The dividend is payable March 10, 2011 to shareholders of record on February 17, 2011. The ex-dividend date will be February 15, 2011.
Also, Microsoft announced that the independent members of its board of directors appointed Reed Hastings, founder, chairman and CEO of Netflix Inc., as the board's lead independent director. Raymond V. Gilmartin, former chairman, president and chief executive officer of Merck & Co. Inc., has served as the lead independent director since 2004.
Beginning with its first-quarter fiscal year 2011 results released on October 28, the company began posting its quarterly earnings on its investor relations Web site and not via newswire. Anyone wishing to obtain this information as the company releases it, as well as other announcements, SEC filings, events, and webcasts, can sign up for email alerts and RSS feeds the Microsoft investor relations Web site.