Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

"If you really want to own a stock that gives you no profits, no income from dividends, no voice in how its run, and actually no value what so ever other than the greater fool theory then go ahead."

While I see you sentiment here, I don't think it's actually correct. Non-voting common stock will receive distributions if any cash is left over after a liquidation and debt, preferred and high-ranked common stock holders are paid (i.e. there is a real claim on assets). Also, with any common stock that doesn't pay dividends, the reason to hold is the promise of dividends (and/or buybacks) when the company does not have any more avenues for investing excess income. This is true for non-voting shares as well.



Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: