No. Actually, American tax system punishes dividend.

Dividend is paid out of the after tax dollar on the corporate level. However, when you receive the dividend, you've got to pay tax again on the individual level.

In theory, a company should be more valuable if it never pays dividend. Some companies choose to buy back their shares to pamper the valuation but not to pay any dividend.

所有跟帖： 

• Yes. 老巴从来不分红 -越王剑- ♂ (78 bytes) () 05/24/2024 postreply 11:39:50

• 但是他投的多是分红股 -2008VGirl- ♀ (0 bytes) () 05/24/2024 postreply 11:57:36

• Yes, because Warren Buffet's investment style is about value -qiandongshenxia- ♂ (79 bytes) () 05/24/2024 postreply 12:15:46