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The BoD of $PRGS initiated a quarterly cash dividend to its shareholders. The first quarterly dividend of $0.125 per share of common stock will be paid on Dec. 15, 2016, to shareholders of record as of Dec. 1, 2016. $PRGS will continue to buy back its common stock under the existing $200MM authorization program approved by the Board in March 2016.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.