Ever looked at MSFT or AAPL’s dividends? It’s a token “here’s your fucking dividend, now go away” percentage. (I’m sure it’s actually to placate funds that require a dividend, but I repeat myself.)
As a retired ‘softie, my spouse still holds a fair bit of MSFT, so I just looked: $0.98…on a $540.00 stock. Yeah, we won’t be living off that in our old age.
Why would you want a dividend? It’s mathematically better for a business to do share buybacks and allow investors to choose when to sell shares so they can minimize tax liability.
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Yeah big dividends are for companies that can't do anything better than the money.