The post refers to an article [0] which mentions that dividends are also not that great for productivity/R&D spend. "Excessive dividend payouts, however, can u

The post refers to an article [0] which mentions that dividends are also not that great for productivity/R&D spend. "Excessive dividend payouts, however, can undercut investment in productive capabilities in the same way that buybacks can." [0] https://hbr.org/2020/01/why-stock-buybacks-are-dangerous-for-the-economy https://hbr.org/2020/01/why-stock-buybacks-are-dangerous-for...