Shareholder money, wasting away
What's the point of owning part of a company? I always thought it was so that you could pocket part of the profits that the company made. Or, at the very least, have the hope that a growing company would someday start paying you part of its profits.
So what's the deal with Apple, Google, and WellPoint? All three companies seem to be in sound enough positions to kick back cash to shareholders, but none are -- at least through dividends. What gives? Laziness? Ignorance? A lack of any sort of care for their shareholders?
I looked at all three companies in my article: 3 Companies That Are Shortchanging You
Anybody want to tell me why I'm wrong?