Microsoft and Dividends
Since it's supposedly no longer a growth stock, there has been some call for Microsoft -- and other former tech hi-fliers -- to begin using some of their cash hoard to begin rewarding their lagging shareholders with a dividend.
That won't happen at Micorosft until:
- The DOJ and EU situation is resolved -- through the appeals process -- one way or another.
- At least one of the civil suits for 'overcharging' is resolved, one way or another.
- Microsoft has significantly reduced its 890M share option overhang situation. They've aggressively inreased their buy back program, essentially using all of their cash generated last quarter to buy shares. But that's just a start.
Gotta run, but here is what the dividend worksheet looks like. More on this later:
|
|
Stock Price >>>> |
47 |
57 |
67 |
| Shares out |
div |
Annual cost |
return% |
return% |
return% |
| 5,500,000,000.00 |
$ 0.01 |
$ 55,000,000 |
0.02% |
0.02% |
0.01% |
|
0.02 |
110,000,000 |
0.04% |
0.04% |
0.03% |
|
0.05 |
275,000,000 |
0.11% |
0.09% |
0.07% |
|
0.01 |
55,000,000 |
0.02% |
0.02% |
0.01% |
|
0.20 |
1,100,000,000 |
0.43% |
0.35% |
0.30% |
|
0.50 |
2,750,000,000 |
1.06% |
0.88% |
0.75% |
|
0.60 |
3,300,000,000 |
1.28% |
1.05% |
0.90% |
|
0.75 |
4,125,000,000 |
1.60% |
1.32% |
1.12% |
|
0.90 |
4,950,000,000 |
1.91% |
1.58% |
1.34% |
|
1.00 |
5,500,000,000 |
2.13% |
1.75% |
1.49% |
|
1.25 |
6,875,000,000 |
2.66% |
2.19% |
1.87% |
|
1.50 |
8,250,000,000 |
3.19% |
2.63% |
2.24% |
|
1.75 |
9,625,000,000 |
3.72% |
3.07% |
2.61% |
|
2.00 |
11,000,000,000 |
4.26% |
3.51% |
2.99% |
|
2.25 |
12,375,000,000 |
4.79% |
3.95% |
3.36% |
|
2.50 |
13,750,000,000 |
5.32% |
4.39% |
3.73% |
|
2.75 |
15,125,000,000 |
5.85% |
4.82% |
4.10% |
|
3.00 |
16,500,000,000 |
6.38% |
5.26% |
4.48% |
7:55:54 AM 
|
|
