5 ms·

Which can be redefined in simpler terms, as "they just have ten times as many fucking shares." Fine print is just deception wearing a tuxedo.

• Animats 9y ago
  If Alphabet paid a dividend, it would make a big difference. 10x voting rights per share, but 1x dividend.[1] In 2000, Ford Motor paid a $10 billion special dividend, and most of that went to regular shareholders. [1] http://www.latimes.com/opinion/editorials/la-ed-de-incarceration-dividend-20160114-story.html http://www.latimes.com/opinion/editorials/la-ed-de-incarcera...
  • kobeya 9y ago
    Or acquisition, which is also paid out per share.
  • bogomipz 9y ago
    The link in your source is about the cost of incarceration in California. Am I missing something? I don't understand you comment in voting shares being a "big difference." Everyone gets that dividend if its paid out regardless of whether its a class A holder or class B holder no?
    • Animats 9y ago
      Oops, wrong link. Correct link: [1] The point is that the insider Alphabet shares have 10x the voting power per share as regular shares, but get the same dividend per share as other shares. The shares issued to ordinary employees with stock options (class C) have no voting power at all, which is quite unusual. This prevents dilution of control. [1] https://www.sec.gov/Archives/edgar/data/1652044/000130817917000170/lgoog2017_def14a.htm https://www.sec.gov/Archives/edgar/data/1652044/000130817917...
      • pavement 9y ago
        Thanks! Shows how much I know about trading stocks...