Of course, everyone knows: it pays dividends.
What else does it do:
Does it invest it in R & D?
Does it give it away to poor homeless people?
Does it donate it to environmental causes, global warming, hunger, animal rights, whatever?
Does it promote programs for hiring American workers?
Does it invest in alternative energy, solar, carbon credits?
No.
It buys back and retires its outstanding stock. Rex has been great at this for a long time.
I ought to know, I owned a bunch of it. Sold before the downturn.
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