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The Never-Ending Stream of Experts Who Know Better Than Apple’s Board What to Do With the Company’s Cash

Martin Hutchinson, writing for Money Morning, “If I’m an Apple Investor, I Want a Dividend”:

That’s why besides an annual dividend of $15-$20 billion (giving a 3.75%-5% yield on a $400 billion capitalization), shareholders should demand that the cash hoard itself, or the great bulk of it, be paid out to them, by a special dividend of maybe $100 per share.

If I were an Apple investor (I’m not), I’d want Apple to keep doing what it’s been doing the last decade or so.

Monday, 5 March 2012