Microsoft Corp. today 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.
Microsoft also 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…Microsoft