Why Dividends Are Evil
Why dividends are evil. "Bad for the economy, bad for business, and surprisingly unfavorable to investors. A barbarous relic of a less financially sophisticated era, they're also indelibly coated with misleading rhetoric that perpetuates sloppy thinking about business, profits, and investment...Dividends, by contrast, have a weak and indirect impact on the economy and don't really serve anyone's long-term interests. We're left hoping that rich shareholders will spontaneously develop enough appetite for extra yachts to push the economy forward." Matthew Yglesias in Slate.
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