Will Microsoft Announce a Stock Split on Oct. 29?
Microsoft hasn't announced a stock split in over two decades.Microsoft (MSFT +0.56%) stock doesn't have the cheapest price in the world, at about $500 per share. While stock splits have become less important in recent years, thanks to the rise of fractional shares, they're still important for those who don't have access to fractional shares and for options strategies.Additionally, Microsoft is a member of the Dow Jones Industrial Average (DJINDICES: ^DJI). Unlike other indexes that are market-cap weighted, ...