here comes the upgrades, page-24

  1. 3,872 Posts.
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    microsoft, google, meta, Berkshire has billions in cash but still don't pay 100% payout ratio.

    there are ASX companies with similar cash but not paying 100% payout ratio. It is poor decisions by any company to payout 100% of earnings but again if you as investors happy with strategy then good for you... !
 
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