From a competitive standpoint, before, generally technology companies didn't pay dividends. Now they have lost another argument for not paying one,
More Quotes from James Denney:
If you're a cereal company it's not likely you're going to have fifty companies run out of a garage nipping at your heels. Tech companies do have to continue to innovate.James Denney
I have to assume that dividends is a big conversation in boardrooms right now. I don't get the sense that companies need all this money for research and development and buying back stock.
James Denney
I don't think it's going to run away on the upside any time soon. Fallen angels tend to take awhile to get some confidence built back up,
James Denney
It will be a slow evolution. Dividends are a long-term investor's focus and for folks that are more short-term oriented it's not essential. And let's face it. A lot of tech investors tend to be shorter-term investors than average investors.
James Denney
Looking closer at the entire group, I think the clouds will clear on drug stocks sooner than on Merck as an individual company, ... Yields are attractive for the entire group.
James Denney
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When a philosopher says something that is true then it is trivial. When he says something that is not trivial then it is false.Carl Friedrich Gauss
No man's brain is so dull, and no man's eye so blind, that they cannot catch food for dreams.
Donald G. Mitchell
I think escapism is really important.
Jordana Brewster