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GP may have selected GOOG because it does not pay a dividend (like BRK.A).
by dmoy 9y ago
GP may have selected GOOG because it does not pay a dividend (like BRK.A).
- atomical 9y agoAre you saying BRK.A pays a dividend?
- dmoy 9y agoNo sorry I see how that was confusingly worded... GOOG does not pay a dividend, much like BRK.A does not pay a dividend. I'm sure there are other stocks that don't, I just can't think of any others off the top of my head. Majority of stocks pay dividends, but some double digit percentage do not.
- jjeaff 9y agoNeither did apple, until it did. But regardless, the appreciation is there. Google reinvests profits and buys back stock thus adding to the capital appreciation of their stock (something that yields better tax advantage than dividends anyway).