7 ms·

I actually didn't know this. Does Rio Tinto also fall into this category of 'objectively terrible for the human race, but pays wonderful dividends to the stakeh

• totalZero 5y ago
  The point is that the stock value remains in the same place because they distribute part of their earnings to shareholders. On the day of a dividend, the stock gets discounted by the amount of the dividend. So if you pay out a large dividend and the share price is static over the long term, that’s actually quite good for investors. (In other words, your earlier comment about bloodsucking profiteers misses the mark a little bit.)