"James Denney", DD (1856–1917) was a Scottish theologian and preacher.

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Microsoft has shown increasingly good stewardship over shareholder's capital.

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.

Buying back stock to offset dilution is not a bad thing but it's not sending a message about the attractiveness of the security.

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.

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.

A short-term pop in dividend stocks is not likely. The market has re-priced these stocks over the past five months.

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.

From a competitive standpoint, before, [generally] technology companies didn't pay dividends. Now they have lost another argument for not paying one.

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.