If you are a shareholder of Google you know all too well the funk that the stock has seemed to be in over the last couple years.  Launching as an IPO in 2004, The company quickly jumped out to an amazing start.  In the last 3 and a half years, however, the stock has made little headway.  This has many investors calling for the company to do something with their $30 billion in cash that they now have.  According to earnings statements, Google has earned just over 2% on that cash in the last year.

Investors feel that a dividend or even a stock buyback could be the answer for the company, as there isn’t really a need for them to hold so much cash when their largest acquisition amounted to only $3.1 billion 3 years ago when they acquired Doubleclick.  With regulators eying their every move, we likely will not see the kind of buying on Google’s part that we have in the last few years.

Bloomberg ranked 118 companies in the S & P 500, who never returned a dividend, according to how well they were positioned to do so.  It turned out that Google was #1.  Whether it’s a cash dividend or a stock buy back, decreasing the shares outstanding, analysts have been coming out of the woodwork as of late suggesting something be done with the cash stockpile.  Will Google listen?