03-01-2012, 11:33 AM
Lux Interior wrote:
[quote=IronMac]
$2 a share per quarter? With something that low (percentage wise) it's not even worth doing the paperwork for.
That it's low (percentage -wise) is just another indication that they have too much cash. $2/share/qtr is $8 Billion a year. Sounds worth a little paperwork to me!
And no one is saying that they need to give ALL the cash back. We just want a taste!
I'd like to see a 10-1 split. I don't like this Buffett mentality on splits.
No, it means that the assumed forthcoming dividend is too low. Dividend paying companies dole out as a percentage of their share price probably around 2% and up. Some companies such as Windstream go as high as 8%.
But, if at $2 a share a quarter is $8 billion then a share buyback is more likely...