4 ms·
Apple paying dividends is a relatively new thing. It never did under Jobs. He was adamantly against it. Adobe doesn’t, Alphabet doesn’t Netflix doesn’t.
by sircastor 4y ago
Apple paying dividends is a relatively new thing. It never did under Jobs. He was adamantly against it. Adobe doesn’t, Alphabet doesn’t Netflix doesn’t.
- Fomite 4y agoIt's now more than 10 years ago.
- deleted 4y ago[deleted]
- Cupertino95014 4y agoI said "mature." There are companies other than high tech. The presumption was always "high tech companies have so many opportunities to reinvest their profits, they shouldn't pay any dividends." If that's really true, then they shouldn't. However, if they can't use the money effectively, then the dividend is the responsible option. Even a one-time payout, like https://www.nytimes.com/2004/07/21/business/technology-microsoft-to-pay-special-dividend-to-stockholders.html https://www.nytimes.com/2004/07/21/business/technology-micro.... It does seem clear that MZ can't be trusted with all that cash.