Amazon Is the Only $3 Trillion Company That Has Never Paid a Dividend
Four of the world's five most valuable companies send their shareholders cash every quarter. The fifth is spending more than its operations generate.
Overview
Five companies command market values around $3 trillion or more: chipmaker Nvidia, Apple, Alphabet, Microsoft, and Amazon (NASDAQ: AMZN). Four of them pay quarterly dividends.
Amazon is the exception, and it always has been. The e-commerce and cloud computing giant has never paid a dividend, and it joined this group only recently, crossing the $3 trillion line for the first time on Aug. 3.
Details
The reason has little to do with how much cash comes in the door. What's missing is anything left over once the company finishes spending.
Source
Originally published at www.fool.com.
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