Berkshire Hathaway management and A2M management are entirely different.
I wouldn't put them in the same paragraph.
CSL is also a growth stock, but still pays a small 1% dividend.
Apple is also a growth stock, but still pays a small 0.5% dividend.
As you say paying 1% dividends won't attract yield investors, but it will certainly help attract those growth investors who still want a return on investment.
No yield whatsoever also knocks out anyone who wants to buy on a margin account for tax purposes.
Media Updates, page-12950
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Last
$6.84 |
Change
-0.070(1.01%) |
Mkt cap ! $4.926B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.87 | $6.78 | $3.804M | 559.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 12626 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 687 | 3 |
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| A2M (ASX) Chart |