NCM is not a yield stock, it's a capital growth stock.They were...

NCM is not a yield stock, it's a capital growth stock.

They were also only paying one divvy a year up to 2 years ago, and that was only 5c a share for many years up until 4 years ago.

I'm sure NCM can get a bigger return on it than I could, and I don't have to pay tax on it immediately either.

Instead of being sceptical about them hoarding the cash, I'd be optimistic in thinking that they are preparing for more acquisitions while maintaining a glowing balance sheet. Low debt spells power these days.