Microsoft Corporation (NASDAQ:MSFT) shares declined by 0.06%

Boston, MA 06/19/2013 (wallstreetpr) – The share prices of Microsoft Corporation (NASDAQ:MSFT) had declined by 0.06 percent to close at $34.98 per share for the end of last trading session on Tuesday. The shares of the company had been trading in the range of $34.90 to $35.17 per share during the day, close to their recent year high level of prices. The shares of Microsoft Corporation (NASDAQ:MSFT) had recorded 52 week high price level of $35.78 per share and 52 week low price level of $26.26 per share.

Microsoft Corporation (NASDAQ:MSFT) had recently reported excellent financial results for the third quarter of fiscal year 2013, in which the company had generated an increase in revenue of 18 percent to touch $20.5 billion and an increase in net income by 19 percent to touch $6.1 billion. The company had reported growth in all segments of its business which had finally resulted in this double digit growth.

Further, the cash flows generated by Microsoft Corporation (NASDAQ:MSFT) are exceptional with the company’s trailing 12-month free cash flow topping $27.5 billion, representing a nearly 10% free cash flow yield based on the company’s current market capitalization. The company had until now returned a total of $9.8 billion to its shareholders through share buyback of $4.3 billion and dividend payments of $5.5 billion, which was observed to be an increase of 18 percent over the previous year. The present dividend yield of Microsoft Corporation (NASDAQ:MSFT) is at 2.6 percent.

Microsoft Corporation (NASDAQ:MSFT) had witnessed the trade of 28.62 million shares on Tuesday, lower than the average trading volume of the company at 47.58 million shares per day. The company presently holds 8.35 billion shares outstanding in the market with an institutional ownership of 68 percent of its holdings.

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Published by Van Bettauer

Van Bettauer is a financial aficionado from Vancouver, British Columbia. He currently studies at UBC, pursuing a Bachelors of Science degree. Van has been freelance writing for many years, specializing in copywriting, report writing and article writing. The combination of his scientific studies and writing experience brings a new and fresh perspective to the financial world. Visit Bettauer's Google+ page at the following address: https://plus.google.com/100770875710593766367/posts

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