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> But academics insist that all stocks have value based on their dividends. Makes sense to me. If everyone knew a company would never pay any dividends there w

> But academics insist that all stocks have value based on their dividends. Makes sense to me. If everyone knew a company would never pay any dividends there why would anyone pay for any share of the company? It would be worthless.

JoeAltmaier 11y ago
Except it happens all the time, and the shares are not worthless.