What is the purpose of stocks that don't pay dividends?
Why do they have value?
no.
http://www.financialsamurai.com/better-to-invest-in-growth-stocks-over-dividend-stocks-for-younger-investors/
>>2041285
Because they reinvest all their earnings into growing the company and one day they will start to pay dividends once they have increasingly excess cash reserves (Apple, for example).
>>2041285
they grow
>>2041321
no pain no gain
>>2041285
Berkshire Hathaway pays no dividends.
Value on 6/15/1990 = $7,200 / share
Value last Friday = $250,000 / share
Any questions?