Right, and I believe roughly half of the Russell 3000 constituents pay dividends as well. Given that the Russell 3000 represents about 98% of all U.S. equity market capitalization, is there a sense in which the statement:
> You are correct that the vast majority of publicly traded companies do not pay dividends.
My original point was that the vast majority of _companies_ don't pay dividends, not that most _public_ companies don't. I'm not sure where that came from.
Someone else made the comment that plenty of private companies pay "dividends" (e.g. USA K-1), but a cursory read of the Danish policy indicates that these private dividends are probably not affected.
How many stocks in the S&P 500 pay no dividends?