hehe

https://giftarticle.ft.com/giftarticle/actions/redeem/8605e6...

Uh.. The big guys do.

Yeah, but they just do that for inclusion into some investment products that require a dividend.

Share buybacks are always better for the company and investors.

Ever looked at MSFT or AAPL’s dividends? It’s a token “here’s your fucking dividend, now go away” percentage. (I’m sure it’s actually to placate funds that require a dividend, but I repeat myself.)

Why would you want a dividend? It’s mathematically better for a business to do share buybacks and allow investors to choose when to sell shares so they can minimize tax liability.

That depends a whole lot on your tax jurisdiction, your other income and your investment strategy.

I don't know of any jurisdiction in the world that taxes unrealized gains in publicly listed equities.

In no scenario does losing control of at taxable event benefit the taxpayer.

Australia has one of, if not the highest rates of CGT in the world.

ASX dividend stocks are popular with retirees in particular because the dividends are fully franked, meaning you get a credit for the tax already paid on the dividends by the company.

If you’re in a low enough tax bracket, this can turn into a tax refund if the tax the company paid exceeds your own personal tax liability.

Interesting, thanks for the info.

No one is saying they want a dividend, I'm explaining how small the dividends of big tech companies are.

Yeah big dividends are for companies that can't do anything better than the money.

This isn't 2010. Almost all big tech companies are paying dividends now.