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"They have an assload of cash on hand" Companies with excess cash are supposed to pay dividends and/or buy back stock.
by Beliavsky 13y ago
"They have an assload of cash on hand"
Companies with excess cash are supposed to pay dividends and/or buy back stock.
- 127001brewer 13y agoI think it's debatable based on your view of a company's purpose: is it to serve its stockholders or is it to serve its customers?
- maerF0x0 13y agoPlus, as buffet teaches, its better to reinvest the dividends. Unless the shareholders think they can do better than the management, in which case they're free to divest.