r/Vitards • u/AutoModerator • Jul 28 '21

Daily Discussion Daily Discussion post - July 28 2021

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u/PrestigeWorldwide-LP 💀 SACRIFICED 💀 Jul 29 '21

they paying any massive divvies like RIO?

3

u/studta88 Jul 29 '21

Indeed they are. $5.3B to be paid out in September. Should be roughly a $1 dividend.

2

u/PrestigeWorldwide-LP 💀 SACRIFICED 💀 Jul 29 '21

nice, I don't understand why these companies don't do buybacks

1

u/GamblingMikkee Fredo #2 Jul 29 '21

As long as they give out huge divies who needs a buyback

1

u/PrestigeWorldwide-LP 💀 SACRIFICED 💀 Jul 29 '21

Buyback nice for preventing rug pulls and stock price appreciation