Subject: Re: Brk, it's time to declare a 1$ quarterly
Check the Mag 7, do any pay a small div?

I have always assumed that they pay a (usually trivial) dividend in the hope of broadening the investor base to include the dividend suckers, in a hope that it will pump the share price.

There is a large population of not-very-bright punters who assiduously seek dividends believing it's free extra money, seemingly forever incapable of understanding that it drives down the stock price by a corresponding amount so they are no better off.

There are many good reasons to invest in dividend payers and enjoy a cash stream, but it isn't exactly sophistication that would make an amateur buy Nvidia shares at over 50 times earnings because of the 0.02% yield. Or rule it out because there hadn't been one.

Jim