By Davit Kirakosyan
Microsoft (NASDAQ:MSFT) increased its quarterly dividend by 10% to $0.68 per share (or $2.72 annualized), payable on December 8 to stockholders of record on November 17.
Glatfelter (NYSE:GLT) announced that its Board of Directors has suspended the company’s quarterly cash dividend to focus efforts on optimizing the operational and financial results of the business. The dividend suspension is expected to free up approximately $25 million annually in cash flow.