Comment by logn

I find it annoying when companies who don't have a need to invest all profits into themselves and have little chance of being acquired don't pay dividends. Otherwise what's the point of owning a stock? To resell it at a higher price? That's fine I guess but you're offering no value or investment opportunity to long-term investors. Profiting in this case ultimately requires a fool willing to overpay.

Edit: or if there's no fool, the company could buy back shares, but at that point you should seriously consider just paying a dividend.