Tag Archives: dividend

Google’s Dividend (& Stock Buyback): I Am V. Leery.

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by Anura Guruge
on April 26, 2024

Click to ENLARGE. News snippets from ‘Google News‘.

Successful, high-flying HIGH TECH stocks never gave dividends.

This goes back to the ‘dot.com’ era of the late 1990s — which I was lucky enough to live through & benefit from.

Amazon still does NOT do a dividend & unlikely to do so anytime soon.

Announcing a dividend (along with a massive stock buyback) is a ‘cheap’ way to make one’s stock attractive.

That Google is doing this now makes me leery. IF all is GOOD when it comes to AI etc. they didn’t NEED to do this. Unnecessary. This feels like an attempt to prop up the stock because they are concerned that they might be losing ground.

Oh, I own Google. So, this is NOT sour grapes. But, it is because of this that I am concerned. So, we are GOOD for now, but what about next year? That is the question.

‘Broadcom’ (AVGO) The One Stock That Warrants A Stock-Split In 2024 — But, Unlikely To Happen. SHAME!

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by Anura Guruge
on January 3, 2024.

Click to ENLARGE. Base image from ‘marketwatch.com‘.

I see all sorts of ‘pumpers & dumpers’ talking CRAZY stuff about 2024 stock splits — such as AMZN, NVDA, GOOG. None of those are likely to split in 2024. They all had splits in the last 2-years & their prices haven’t gone up that much. [I do OWN all three, & have for many, many, many YEARS. SMILE.]

‘Broadcom’, on the other hand, hasn’t split since 2006! They used to split quite regularly. Three times between 1999 & 2006. But, then they were acquired by ‘AVGO’ — & it appears that AVGO management does NOT believe in stock splits. Nothing that says they have to split. So, AVGO could go onto become a $2,000 or $3,000. I am OK with that. Yes, I own AVGO. I would like to own more, but at $1,000 it is an EXPENSIVE stock.

Click to ENLARGE. Base image from ‘marketwatch.com‘.

I like semis. Always. I understand semis. I only invest in stocks I understand.

I first bought Broadcom nearly a decade ago. Had a GREAT ride with them. They pay very handsome dividends. Then I had to (alas) SELL because I had become too greedy with my option calls. I wasn’t that upset. I had had a lovely run.

I then went for about 2-years without owning any. They were, of course, a tad expensive.

But, I missed owning AVGO & I knew they will continue to do well.

So, last year I started buying AVGO again. SMILE.

I now have, in terms of semis, NVDA, AVGO, ARM & AMD. Smile. I am comfortable with that position.

It Was A Good Day To Own ‘Broadcom’ (AVGO) — Most Likely Stock To Split In 2024.

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by Anura Guruge
on December 4, 2023

Click to ENLARGE. Base image from ‘marketwatch.com‘.

I like semis. Always. I understand semis. I only invest in stocks I understand.

I first bought Broadcom nearly a decade ago. Had a GREAT ride with them. They pay very handsome dividends. Then I had to (alas) SELL because I had become too greedy with my option calls. I wasn’t that upset. I had had a lovely run.

I then went for about 2-years without owning any. They were, of course, a tad expensive.

But, I missed owning AVGO & I knew they will continue to do well.

So, last year I started buying AVGO again. SMILE.

As some of you know, I (& my kids) have owned NVDA for AGES. SMILE. We have done OK with NVDA.

I now have, in terms of semis, NVDA, AVGO, ARM & AMD. Smile. I am comfortable with that position.