Throbbing_Furry_Knot t1_iu64iye wrote on October 28, 2022 at 8:55 PM

Reply to comment by Eaton_Rifles in UK Wind Power Hits a Record, Easing Reliance on Expensive Gas by Helicase21

I hate the dividends system. When it's not syphoning money out of the country, then it's strangling growth at a company when the braindead shareholders elect a board with the goal of maximising the dividend they receive instead of reinvesting the profit back into the company for greater long term growth.

Eaton_Rifles t1_iu66et0 wrote on October 28, 2022 at 9:08 PM

Yep, 100% this. If those insane profits were being invested in more renewable energy infrastructure to get us away from fossil fuels quicker then great, but to just fuel the wealth divide it’s obscene.

Kinnell999 t1_iu89rzt wrote on October 29, 2022 at 9:40 AM

Without dividends there would be no point in investing in a company.

Throbbing_Furry_Knot t1_iu8kju4 wrote on October 29, 2022 at 12:01 PM

Really? strange that people would invest in google then, which doesnt pay a dividend, or amazon, which also doesnt pay a dividend.

I'm not completely against dividends, but the leverage shareholders can apply to maximise it is often against the interests of company and country.

A cap of some kind on the percent of profit that can be given out as a dividend, or something akin to that might be ideal, as it would cause more to be reinvested and more money to be kept in the host country.

Kinnell999 t1_iu8vd9s wrote on October 29, 2022 at 1:45 PM

The shares only have value because they pay a dividend either now or in the future. If there were no dividend ever there would be no return on your investment because share holders would never receive a share of the profits. Those companies you mention are expected to pay a dividend at some point but aren’t now because they believe that reinvesting in capital will lead to higher dividends in the future.