gulliver
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Thu Jul-22-04 10:27 PM
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Will there be a rush to pay dividends before the election? |
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Microsoft is paying a record one time dividend. Will others follow? I'm just wondering if executives are worried about losing the special treatment for dividend income (15% rate) and are rushing to funnel money out of their companies and, as major stockholders, into their own hands. Is this just a way for executives to give themselves a low tax bonus?
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lapfog_1
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Fri Jul-23-04 12:05 AM
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1. Most companies don't have the earnings or the cash reserves |
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of M$, despite the record $3/share payout, if earning stay on par with the last quarter, M$ will make back all of that money in just 3 years. And what else can they do with it? Bill doesn't want M$ to be another conglomerate, and he can't really buy $20 B of high tech companies (who would he buy, and how could it pass the smell test of monopoly?). M$ is a special case, I don't look for other corporations to follow suit.
Further proof (along with the security issues surrounding Winblows and IE) that the justice department screwed up and should have broken M$ into 3 companies (OS, browser, office suite) or maybe more.
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Fri Apr 26th 2024, 05:23 AM
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