> If a stock isn't issuing dividends, it's either profiting and storing large amounts of cash or losing money. Or it's funnelling the money back into itself to

> If a stock isn't issuing dividends, it's either profiting and storing large amounts of cash or losing money. Or it's funnelling the money back into itself to grow. Amazon made "zero profits" for many years because it wanted to growth as fast as it could. If a company finds that it cannot find any productive ways of using cash then it may return the money to investors in dividends or share buybacks. Management may determine that the ROI for owners is better by keeping the money internal. If owners disagree they can presumably get new management at the shareholders' meeting by replacing the board, or ordering a change in cash-use policy: * https://www.investopedia.com/terms/v/votingright.asp https://www.investopedia.com/terms/v/votingright.asp