Dividends are not the only way to turn stock into value. Stock is ownership, and many S&P 500 companies e.g. Apple have huge cash holdings in the bank, for exam

Dividends are not the only way to turn stock into value. Stock is ownership, and many S&P 500 companies e.g. Apple have huge cash holdings in the bank, for example. Your share of one of these companies is a proportionate share of everything they own and everything they are likely to acquire in the years to come.