Microsoft Raises Dividend Payout by 10%

US technology giant Microsoft announced a 10% 

dividend increase after the company's board of directors decided

that the new expected dividend will be paid on September 11th

after raising the dividend from 83 cents to 91 cents per share.

The shareholder register will then close on November 20th.

The stock continues to move in a general upward trend

with some current corrections expected to end soon,

especially after breaking the downtrend of the recent downtrend 

and beginning a new upward trend.

The stock is currently trading at $512

with a potential test of the support level at $493, ​​which could push the stock

up again if new buy signals emerge.

If the stock rises, we may see a revisit of the $532 level.

These represent important resistance levels in the near term.

A breakout and close above them will propel the stock upward.

A revisit of the most important resistance level, the "recent peak," at $555.