News for hackers. Stuff that matters.
Re:Mining firm Rio Tinto sorry for destroying Aboriginal cav... by totalZero on Wednesday July 28, 2021 @06:57PM (#27990826)
The point is that the stock value remains in the same place because they distribute part of their earnings to shareholders. On the day of a dividend, the stock gets discounted by the amount of the dividend. So if you pay out a large dividend and the share price is static over the long term, that’s actually quite good for investors.

(In other words, your earlier comment about bloodsucking profiteers misses the mark a little bit.)

There are no comments on this comment yet.