Re:Have the record number of investors in the stock market l...
by mrep on Saturday May 16, 2020 @12:20PM
(#23204742)
> Most shares are non-voting, and don't pay dividends.
80% of S&P 500 companies pay a dividend [0] and non-voting shares are actually very rare. In fact, Snap even wrote in its IPO paperwork that "to our knowledge, no other company has completed an initial public offering of non-voting stock on a U.S. stock exchange" [1].
80% of S&P 500 companies pay a dividend [0] and non-voting shares are actually very rare. In fact, Snap even wrote in its IPO paperwork that "to our knowledge, no other company has completed an initial public offering of non-voting stock on a U.S. stock exchange" [1].
[0]: https://www.forbes.com/sites/investor/2019/11/20/20-bargain-...
[1]: https://www.vox.com/2017/2/21/14670314/snap-ipo-stock-voting...