Perhaps because of hard times in their start-up years, companies in the high-tech sector of American industry

Question:

Perhaps because of hard times in their start-up years, companies in the high-tech sector of American industry seem more prone than those in other sectors to building up cash reserves. For example, companies like Cisco Systems, Intel, Dell, and Oracle have amassed large cash balances.
Assume you work for a company in the high-tech industry that has built up a substantial amount of cash. The company is still growing through development of new products, has some debt, and has never paid a or bought treasury stock. The price of the company's stock is lagging. Write a one-page memo to the CEO that outlines at least four strategies for using the company's cash to improve the company's financial outlook.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...