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If indeed the public is looking for dividends, why is Amazon, a company that has never paid a dividend, such a valuable company? Amazon has ~10 Billion outstan
by bhelkey 4mo ago
If indeed the public is looking for dividends, why is Amazon, a company that has never paid a dividend, such a valuable company?
Amazon has ~10 Billion outstanding shares and the current market price for one of those shares is ~$240.
If folks only care about dividends, why would anyone buy an Amazon share at that price?
- ignoramous 4mo ago> why is Amazon, a company that has never paid a dividend, such a valuable company? You'd hope every publicly-traded long term minded company operates the same way Amazon does. Reinvestment of money they themselves earn in "growth" and still retain a trickle in profits.