Hats off to Berkshire Hathaway for the dividend it just declared—and to the other cash-rich companies that are distributing profits using the same strategy. The list of smart dividend payers includes AutoZone, Biogen Idec, Fiserv and Intuit.
Perhaps you didn’t know that the wily Warren Buffett has declared a dividend. You might also be perplexed at other companies cited, since officially they pay out nothing.
The reason you didn’t know about the Berkshire dividend is that it was announced using different terminology. Buffett said that he was going to use some of his company’s ample cash flow to buy in shares….
Wait, wait...there's more at http://www.forbes.com/sites/baldwin/2011/11/03/berkshires-clever-tax-free-dividend/
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