Amazon Stock Pays $0 in Dividends. Here's Why Long-Term Investors Should Own It Anyway.
Ultimately, it is difficult to argue with a 251,000% lifetime return.
Overview
When it comes to retailing and technology, few stocks have matched the long-term performance of Amazon (NASDAQ: AMZN). Since its May 1997 debut, the stock has risen by over 251,000%!
Nonetheless, one aspect of Amazon likely remains tremendously frustrating to investors: the lack of a dividend. In an era when "Magnificent Seven" tech stocks such as Alphabet and Meta Platforms finally began paying dividends in 2024, Amazon has stood firmly against it.
Details
Even if this remains a sticking point with some investors, they should probably put that issue aside and own the stock anyway. Here are three reasons.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.