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A comment on The stockmarket is now run by computers, algorithms and passive managers. Parent comment

Re:The stockmarket is now run by computers, algorithms and p... by chongli on Monday October 14, 2019 @02:16PM (#21251162)
A dividend just reduces the value of the company by x cents per share and pays you x cents per share in cash. It's not "free income" as most people seem to think. It makes more sense to think of it like a buyback.
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