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For perspective and comparison, MSFT paid a $32 billion dividend to shareholders in 2004. With their cash on hand, they could have bought 4 AAPLs. They curren
by smackfu 16y ago
For perspective and comparison, MSFT paid a $32 billion dividend to shareholders in 2004. With their cash on hand, they could have bought 4 AAPLs. They currently pay out around $5-6 billion in dividends per year. AAPL pays out $0.
http://luhman.org/blog/2004/07/23/dividend-capture-and-microsofts-msft-one-time-dividend-3-share http://luhman.org/blog/2004/07/23/dividend-capture-and-micro...
- loumf 16y agoPaying a dividend is what a company does if it thinks it cannot invest the money better than its shareholders could. Apple thinks it can make good use of billions of dollars and Microsoft thinks you can do better with the dividend.
- smackfu 16y agoIt doesn't seem like Apple really has a plan for it's pile of cash. They just don't want to pay a dividend and they don't want to buy back stock and they don't want to acquire much so it just keeps building up.