It's Now Time for RIM to Have a Dividend Policy

3/20 - "For the 3rd quarter ended December 2007, RIM announced a cash balance of $1.6 billion, generated a net income of $370 million, and increased cash by $342 million after capex, inventory and working capital changes...Does RIM really need to exit 2010 with $5.6 billion of cash in an environment where short term corporate cash deposits generate 3% interest at the high end? I think not."

"The nay-sayers will tell you that it’s unthinkable for fast-growing tech companies to pay a dividend. That it would send the wrong message if RIM was to declare that there was no better use for its cash than to return it to shareholders.

I disagree. Dividends speak to financial stability, not a lack of growth opportunities."