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It's supposed to be "the NPV of the dividend annuity." In the event that there is no Greater Fool, the shareholders as a body have some recourse to generate inc
by neutronicus 5y ago
It's supposed to be "the NPV of the dividend annuity." In the event that there is no Greater Fool, the shareholders as a body have some recourse to generate income from the company. So it's not just a Pokemon card.
But I agree no one seems to be calculating this.
I think no one wants dividends because of how they're taxed relative to capital gains
- deleted 5y ago[deleted]
- sokoloff 5y agoYou mean how qualified dividends* are taxed like long-term capital gains already? * - which is almost all of them
- jkhdigital 5y agoYeah at this point the only difference is timing of the tax liability, but timing can count for a lot.