Shareholders want capital gains, not dividends, because dividends attract a higher tax rate. If they started paying huge dividends savvy investors might look el

Shareholders want capital gains, not dividends, because dividends attract a higher tax rate. If they started paying huge dividends savvy investors might look elsewhere. The implication is that NVidia wants to be seen as the best place to put your money. If they're paying a dividend it means they can't use it to increase their own profits.