It is possible that come Monday we will know about the $2-3 special dividend announcement from Microsoft. They have the cash, it is ours - shareholders. The yearly cash flow will raise the cash back up within 2-3 quarters. Come on board make the decision soon.
They will do a special divy soon. Not sure how much. In any case, divy goes up every year. I have started buying shares for my retirement, great price. MS like money in the bank. This year .80 cents divy. Next year almost 1.00. By the time I retire big checks coming.
almsot 70 billions of cah in the bank, and this cash is gwoing by some 20-30 billions each year, and MFT does not need much money, and it is not a caital intensive industry, so surely they should look into either or both special dividend and stock buy back. What is the fun of lettign 70 billions sitting somewhere making close to 1%, other than helping the US government financing its debts? I would help the shareholders first and most, and most employees are also shareholders.
Based on MSft histry, MSFt has always distributed its pile of cash to shareholders either by special dividened and stock buyback. At this point, when the shares are trading like dirt, it is way smarter to buy the shares for cancelleation. Once shares are trading higher than 33, then back to dividend.