A balloon note is the name given to a promissory note in which repayment involves a balloon payment. A balloon mortgage is a written instrument that exchanges real property as security for the repayment of a debt, the last installment of which is a balloon payment, frequently all the principal of the debt.
Direct Stock Purchase and Dividend Reinvestment Plan. American Stock Transfer, Microsoft's transfer agent, administers a direct stock purchase plan and a dividend reinvestment program for the company. To find out more about these programs you may contact AST directly at (800) 285-7772, Option 1, between the hours of 5 A.M. and 5 P.M. Pacific Time, Monday through Fridays. Alternatively, you can the view program online by going to AST's Web site. Microsoft pays a quarterly dividend of $0.36 per share.
*According to Microsoft's dividend history, the first payment in fiscal 2006 was $0.08 before rising to $0.09 for the final three payments. The chart above uses the $0.09 figure for fiscal 2006. Year above represents the year in which a majority of payments will be.