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What about doing this is pandering? Almost all of Apple is owned by institutions and they have been reaping all of the benefit of the company's crazy growth. Th
by apaprocki 15y ago
What about doing this is pandering? Almost all of Apple is owned by institutions and they have been reaping all of the benefit of the company's crazy growth. The total ownership of all pension funds (29 of them) and mutual funds (626 >= 1000 shares) account for < 5% of the float. I'd love to see the wealth spread around to all who want to participate. That could possibly do more for the common person than a dividend ever would. Apple is 72% institutionally owned. Paying a dividend at all is directly pandering to institutional investors!