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Thread: post split dividends?

Started 1 month, 1 week ago by mdtls
Has there been any discussion on the possible pressure to issue dividends once BNI shareholders are in place? If we're going to have undesirables as shareholders, their gonna want a dividend, right? I've got imagine BNI shareholders will weigh this scenario when it comes time to make their decision. m
Site: The Motley Fool Discussion Boards  The Motley Fool Discussion Boards - site profile
Forum: Berkshire Hathaway  Berkshire Hathaway - forum profile
Total authors: 6 authors
Total thread posts: 11 posts
Thread activity: no new posts during last week
Domain info for: fool.com

Other posts in this thread:

mungofitch replied 1 month, 1 week ago
If we're going to have undesirables as shareholders, their gonna want a dividend, right? Well, what they think they want is unlikely to correlate strongly with what they get. And what they're likely to get is no dividends. Berkshire is in the business of getting a higher return on retained capital than what is generally available, which is in the best interests of the vast majority ...

PhoolishPhilip replied 1 month, 1 week ago
Can A's and B's be treated differntly with respect to dividends? In other words, could Berkshire set dividends for A shares while excluding B shares? PP

DavidAnglin replied 1 month, 1 week ago
PP, No Berkshire dividends while WEB, Charlie and maybe Gates walk the earth. The Chief Asset Allocator isn't going to give away one red cent for someone else to allocate. Doesn't WESCO pay a dividend? If BNSF folks or other shareholders want a dividend and they want Berkshire's asset allocation style they can buy WESCO. If he does have a BRK dividend the "pleasure pit*" won't be any...

mungofitch replied 1 month, 1 week ago
WEB loves the thrill he gets allocating capital and he won't share that thrill with anyone. Hey, you make this sound like a bad thing. I'd rather have Heifetz playing the violin for me than do it myself. Same for any innocent bystanders, I expect. Jim

PhoolishPhilip replied 1 month, 1 week ago
No Berkshire dividends while WEB, Charlie and maybe Gates walk the earth. I know that. I'm thinking about any future dividend policy. Could Berkshire decide to grant dividends to the A shares and not the B shares, or does the SEC require that they be treated the same with respect to any dividend policy? I got thinking about the investment decisions Buffett is making, and he is very ...

BeautifulPlumage replied 1 month, 1 week ago
Googling around, I come up with: 1. Presumption of equality: all shares are presumed to rank equally in the absence of special provisions; 2. Changes: a company may have provisions for making changes in the dividend arrangements, e.g. between classes of shares. If they do, then these must be followed. If there are no such provisions, any new provisions would require approval by at ...

PhoolishPhilip replied 1 month, 1 week ago
Thanks for the info. Not that I'm very worried that Buffett would ever dream up a scheme that would not be rigorously fair... Me neither. Howard, on the other hand, concerns me. ;o)

OPA11111 replied 1 month, 1 week ago
PP I think WEB does not like the double taxation on dividends, he may feel that capitol gains on sold shares for those that need income is preferable to taking his compounding of the cash flowing in.

DavidAnglin replied 1 month, 1 week ago
WEB loves the thrill he gets allocating capital and he won't share that thrill with anyone. Hey, you make this sound like a bad thing. I'd rather have Heifetz playing the violin for me than do it myself. Same for any innocent bystanders, I expect. Jim __________ Not a bad thing at all for us shareholders... just an observation of how much he loves collecting businesses and ...

DavidAnglin replied 1 month, 1 week ago
PP, Howie? Dividends? No way, will he cross his Pop. Here is an aside about Howie... A neighbor on the next street grew up in Omaha. He reports that his sister "went out" with Howie once or twice. As it happened, Howie and she did not become an item. She fell in love with someone else, has had a happy life with her husband and children, but as the A share price has gone higher ...

 

Top contributing authors

Name
Posts
PhoolishPhilip
3
user's latest post:
post split dividends?
Published (2009-11-09 18:48:00)
Thanks for the info. Not that I'm very worried that Buffett would ever dream up a scheme that would not be rigorously fair... Me neither. Howard, on the other hand, concerns me. ;o)
DavidAnglin
3
user's latest post:
post split dividends?
Published (2009-11-09 20:19:00)
PP, Howie? Dividends? No way, will he cross his Pop. Here is an aside about Howie... A neighbor on the next street grew up in Omaha. He reports that his sister "went out" with Howie once or twice. As it happened, Howie and she did not become an item. She fell in love with someone else, has had a happy life with her husband and children, but as the A share price has gone higher and higher, once in a while she has gotten a...
mungofitch
2
user's latest post:
post split dividends?
Published (2009-11-09 18:00:00)
WEB loves the thrill he gets allocating capital and he won't share that thrill with anyone. Hey, you make this sound like a bad thing. I'd rather have Heifetz playing the violin for me than do it myself. Same for any innocent bystanders, I expect. Jim
mdtls
1
user's latest post:
post split dividends?
Published (2009-11-09 15:13:00)
Has there been any discussion on the possible pressure to issue dividends once BNI shareholders are in place? If we're going to have undesirables as shareholders, their gonna want a dividend, right? I've got imagine BNI shareholders will weigh this scenario when it comes time to make their decision. m
BeautifulPlumage
1
user's latest post:
post split dividends?
Published (2009-11-09 18:40:00)
Googling around, I come up with: 1. Presumption of equality: all shares are presumed to rank equally in the absence of special provisions; 2. Changes: a company may have provisions for making changes in the dividend arrangements, e.g. between classes of shares. If they do, then these must be followed. If there are no such provisions, any new provisions would require approval by at least three quarters of the holders of the class which would...
OPA11111
1
user's latest post:
post split dividends?
Published (2009-11-09 20:08:00)
PP I think WEB does not like the double taxation on dividends, he may feel that capitol gains on sold shares for those that need income is preferable to taking his compounding of the cash flowing in.

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