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microsoft to pay first divvy ...

  1. rembrandt

    5,813 posts.
    Hmmm... ABC news just reported Bill Gates has given in to pressure to okay the first ever Microsoft dividend payment to shareholders.

    The reasons are complex and reflect a 'back to basics' approach by US corporations with dividends representing 'real cash' for jaded shareholders who have lost faith in 'funny number' corporate balance sheets ...

    Gates has long argued that it is better for Microsoft shareholders if the company keeps and reinvests the profits.

    With Market Cap of US$300billion and cash reserves of US$40billion and rising at a rate of US$10billion per year it is not as though Microsoft is strapped.

    Bill won't be too miffed either as the largest individual Microsoft shareholder his dividend is estimated at around US$100million ...

    One of these days Bill have to actually do something to justify the accumulation of such obscene wealth ...

    It is no accident but a tad ironical that IBM is now spending a shitload in the development of Linux ... a lesson learned too late is better than never at all ...

    Cheers ...


    This is only my view ... read the red stuff.

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