From Nasdaq: 2024-05-05 04:31:00

Amazon (NASDAQ: AMZN) reported strong first-quarter earnings but did not announce a dividend, disappointing some investors. The company’s “Day One” philosophy prioritizes long-term investments over sharing profits with shareholders. Amazon’s high valuation, P/E ratio of 50, and potential $2 billion interest income make paying a dividend currently unfeasible. CEO Andy Jassy’s focus on increasing profits and reducing costs suggests Amazon may eventually pay a dividend as its valuation decreases. Investors should consider other stock options in the market with potential for high returns.



Read more at Nasdaq: No, Amazon Shouldn’t Pay a Dividend. Here’s the Simple Reason Why