Please don't declare a pesky dividend. If you do, then I will have to pay tax on the distribution AND I will need to figure out where to reinvest the funds. I would much rather YOU reinvest my earnings and help me to defer paying tax as long as possible.
Should not worship false idols! The bum is not better than the arrogant steve jobs!. It's old hat brkb must pay dividends a lot more investors more of us than a few of you want pocket change. So we pay alittle in tax no big deal!
You can reinvest the dividend in Birkshire and get more shares. Where you gain there, offset somewhere else. Get real. You're complaining about getting money from a stock that isn't moving? Ever here of getting paid to wait?
They would do this when the capital allocation process is not producing the desired results, either in ROI, ROE, or share price. If you cannot get the proper returns, then you ought to give the capital back to the shareholders.