Stock Movers After announcing Dividends (JEF, OSG, WSM, MSFT)

Jefferies Group, Inc. (NYSE:JEF) fell 4.82% to $23.08 after yesterday it announced today that, on September 21, 2010, its Board of Directors declared a quarterly dividend of $0.075 per common share, $0.30 annualized.

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The dividend is payable on November 15, 2010 to stockholders of record on October 15, 2010. The ex-dividend date is October 13, 2010.

Overseas Shipholding Group Inc. (NYSE:OSG) rose 1.60% to $34.83 after it has declared a regular quarterly dividend of $0.4375 per common share, $$1.75 annualized.

The dividend is payable on November 23, 2010 to stockholders of record on November 9, 2010. The ex-dividend date is November 5, 2010.

Yield on the dividend is 5.1%.

Williams-Sonoma, Inc. (NYSE:WSM) rose 0.42% to $30.87 after it announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per common share, $0.60 annualized.

The dividend is payable on November 24, 2010 to shareholders of record as of the close of business on October 27, 2010. The ex-dividend date is October 25, 2010.

Yield on the dividend is 2%.

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Microsoft Corporation (NASDAQ:MSFT) fell 1.11% to $24.87 after it announced a much anticipated dividend hike late Tuesday, in a move to return more of its cash hoard to frustrated shareholders.

The software giant raised their quarterly dividend by 3 cents, or 23 percent, to $0.16 per share. On an annual basis the new dividend is $0.64, representing a dividend yield of 2.54 percent.

Microsoft Corporation is engaged in developing, manufacturing, licensing and supporting a range of software products and services for different types of computing devices. Its software products and services include operating systems for personal computers, servers and intelligent devices.

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