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.
<a href=http://www.investorglossary.com>Investor Glossary</a>. The dividend rate is the amount of dividends per share a company pays to stockholders over a period of time. If the board of directors of XYZ Company declares a quarterly dividend of 22 cents per common share, the quarterly dividend rate is $.22. Some companies pay quarterly dividends based on a stated annual dividend rate (in the example, the annual dividend rate would be $.88). Whether stated or not, a dividend rate is often annualized to present the most recent quarterly dividend on a full-year basis.