I’m a shareholder, and I would rather that money be used to grow stock price (since it is already at a business known for creating new products and markets).
If I get a dividend, I have to pay tax today. And then I just turn around and buy more stock with post tax income?
If I can sell the share at a higher price when I want the cash, then I can pay the tax whenever I want, possibly under more preferable terms.
If I get a dividend, I have to pay tax today. And then I just turn around and buy more stock with post tax income?
If I can sell the share at a higher price when I want the cash, then I can pay the tax whenever I want, possibly under more preferable terms.