4 ms·
This isn't always true. A company is worth the expected net present value of all future dividend payments. If a company is both unsexy and well-managed, you ma
by ekidd 16y ago
This isn't always true.
A company is worth the expected net present value of all future dividend payments. If a company is both unsexy and well-managed, you may be able to buy its stock at a very good price, and then collect a fat profit of the dividends.
- eru 16y agoTo be a bit more pedantic: You have to include share buybacks and a possible (last) liquidation dividend.