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Re:Show HN: An index of all monthly dividend stocks by habosa on Sunday July 09, 2023 @08:45AM (#36654031)
Nice site! I agree, this information is generally pretty hard to find.

I hate that dividends have such disadvantageous tax treatment in America because I think dividends are the healthiest relationship between companies and investors. They try to make money and then give you some of it. As long as the dividend amount is healthy for both the investors and the company your interests are aligned.

Stock buybacks are such shenanigans in comparison: they make money and use it to inflate the value of their shares. Often they do this to hit certain price targets that help with executive compensation (or just image). And in order to actually get your profit you have to sell, which means you’re no longer an investor.

Re:Show HN: An index of all monthly dividend stocks by flakeoil on Sunday July 09, 2023 @09:36AM (#36654351)
"And in order to actually get your profit you have to sell, which means you’re no longer an investor."

But that is basically because the company bought some shares for you. So if you sell to create your own kind of dividend makes no difference (other than maybe how taxes are handled and psychological).

Re:Show HN: An index of all monthly dividend stocks by manmal on Sunday July 09, 2023 @09:30AM (#36654313)
I don’t think dividends are a great incentive as they encourage short term wins over long term thinking.
Re:Show HN: An index of all monthly dividend stocks by mystertea on Sunday July 09, 2023 @09:33AM (#36654331)
Even if you follow a dividend reinvesting strategy?
Re:Show HN: An index of all monthly dividend stocks by vmsp on Sunday July 09, 2023 @09:36AM (#36654349)
I think the parent comment was talking about the companies. Instead of re-investing profits into the company -- long-term thinking -- they just pass them over to the investors -- short-term wins.
Re:Show HN: An index of all monthly dividend stocks by mystertea on Sunday July 09, 2023 @08:49AM (#36654075)
Thanks! I agree that conventional stocks can be a hassle to manage, and intuitively like an income-based approach.
Re:Show HN: An index of all monthly dividend stocks by ravenstine on Sunday July 09, 2023 @09:21AM (#36654245)
That's not all! Companies are allowed to use debt to buy back their stocks.
Re:Show HN: An index of all monthly dividend stocks by lacrimacida on Sunday July 09, 2023 @09:24AM (#36654267)
Nobody is questioning the fact that they’re allowed or not, it’s an unhealthy practice
Re:Show HN: An index of all monthly dividend stocks by ravenstine on Sunday July 09, 2023 @01:03PM (#36656249)
I assumed that was implicit in my reply.
Re:Show HN: An index of all monthly dividend stocks by lxgr on Sunday July 09, 2023 @10:05AM (#36654532)
> Stock buybacks are such shenanigans in comparison: they make money and use it to inflate the value of their shares.

Nothing is inflated if you think it through, since the market capitalization does not change.

By that logic, is issuing new stock (or even stock splits!) virtuous, since they both decrease the price per share?

Re:Show HN: An index of all monthly dividend stocks by ac29 on Sunday July 09, 2023 @11:49AM (#36655488)
> I hate that dividends have such disadvantageous tax treatment in America

What do you mean by this? Qualified dividends are taxed at long term capital gains rates, which is an enormous advantage compared to nearly all other forms of income.

Re:Show HN: An index of all monthly dividend stocks by memling on Sunday July 09, 2023 @12:52PM (#36656126)
Dividends are taxed twice: once as profit to the company issuing the dividend and once when the recipient receives it.
Re:Show HN: An index of all monthly dividend stocks by venusenvy47 on Sunday July 09, 2023 @01:19PM (#36656413)
Isn't this the normal cycle of money? Continuing the example, the recipient spends some of this dividend money at Starbucks and pays sales tax. Then Starbucks pays income tax on the money and the cycle repeats.
Re:Show HN: An index of all monthly dividend stocks by s1artibartfast on Sunday July 09, 2023 @01:51PM (#36656907)
Yes, money keeps being taxed but the number of tax events changes depending on the path the money travels. It can have more or fewer taxable events.