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Other-Bumblebee2769 t1_j1yjgwc wrote on December 28, 2022 at 9:57 AM

Reply to comment by Uries_Frostmourne in Amazon pays it's first dividend -- AMZN declares a dividend of $0.20, yielding an annual 0.95% by JohnnyH97

Dividends are tax inefficient. Buybacks can offer a superior return of value to shareholders. Buybacks are only stupid if the underlying asset is over priced.