Now that Apple has broken with tradition and issued a dividend, who among the non-dividend-paying tech firms will follow suit? Impossible to say, though the company that’s likely at the top of the short list is Google.
Allthingsd.com writes: With $44.63 billion in cash and cash equivalents on its balance sheet as of Dec. 31, the search behemoth is the most cash-rich tech company among the big dividend holdouts. In fact, it’s now the only tech company with a market cap above $100 billion that doesn’t offer a dividend.
And while Google hasn’t even hinted at offering a dividend anytime soon, some analysts believe the company is the most likely among its peers to consider one.
“We found that Google has the greatest capacity to return cash,” said Barclays analyst Anthony DiClemente.
Why? “It probably has the most to gain in terms of positive sentiment by doing so, given its propensity for acquisitions and mixed investor sentiment around the Motorola Mobility deal...”
Want more? Check out http://allthingsd.com/20120321/is-a-google-dividend-even-possible/
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