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Let's talk Nokia stock!
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switch-hitter
2012-07-31 , 18:59
Posts: 207 | Thanked: 552 times | Joined on Jul 2011
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Dividends are paid from retained profits, it has no impact on your profit and loss account in the current period whatsoever.
The profits being distributed to shareholders now will have been generated by sales of Symbian devices in previous financial years.
If Windows Phone continues to fail retained profits will be eaten away by losses, bank balances will rapidly diminish and dividends will just become a fond memory.
Last edited by switch-hitter; 2012-07-31 at
19:23
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