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hollerith • yesterday at 6:55 PM • 1 reply • view on HN

A no-dividends policy is nothing new.

Amazon, Tesla, Netflix, and Palo Alto Networks have never paid a dividend at any point in their histories as publicly traded companies.

Advanced Micro Devices hasn't paid one since 1995, Adobe since 2005.


Replies

mike_hearn • today at 8:12 AM

True, although Amazon and Netflix at least have done large stock buybacks, which are theoretically equivalent except for tax incidence. So they have returned capital to investors. I didn't check for the others, maybe they did too.