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So you run a business, pay the bills, pay the investors, have $money. Same business, pay the bills, NO investors, have more $money$. It's a simple concept with simple math for a business that is making money and does not need investors.
Except there is no "pay investors". The only payments to investors are dividends. Those are neither mandatory or guaranteed. Investors of companies that do not pay dividend get income via increased stock price which is generally reflected in a well run company. Heck prior to a few years ago Apple paid no dividend.
And dividends are typically paid out of net profit so it shouldn't impact a well run company at all.