Comment by stogot

11 hours ago

I hypothesize all dividends, no share value. How would that world look

that makes no sense. companies need capital, that's why there is a stock market. dividends are paid from past earnings, never capital (earnings are only a %age of the value of the capital) and not from higher expectations of the future.

  • In a perfect world… reality is different, however.

    Plenty of companies take on debt to pay dividends, e.g. just before going public.