Dividend growth businesses

Some notable businesses that currently don't pay #dividends but have the potential to be strong dividend growth businesses in the future: Berkshire Hathaway ($BRK.A, $BRK.B): This company is well-known as #WarrenBuffett’s investment vehicle. Although Buffett is a proponent of dividend stocks, Berkshire Hathaway does not pay dividends. The company has historically focused on reinvesting in the business, which has added significant value for investors over the years. Alphabet ($GOOG, $GOOGL): This tech giant has never paid a dividend. However, with its substantial revenue, operating profit, and free cash flow, it certainly has the capability to do so. Instead of dividends, Google has historically focused on stock buybacks, research & development, and acquisitions. Amazon (AMZN): Founded by Jeff Bezos, Amazon is another tech behemoth that doesn't pay dividends. Despite its significant revenue and cash flow, Amazon has preferred to reinvest its funds into the business, expanding into new areas like cloud computing with Amazon Web Services (#AWS). Tesla (TSLA): Known for bringing electric vehicles to the mass market, Tesla does not currently pay a dividend. The company only became profitable in 2020, which might have influenced its dividend policy. Of these, Alphabet (Google) stands out due to its substantial revenue, operating profit, and free cash flow. Given its financial strength and the fact that it competes with other tech giants like Microsoft and Apple, which do pay dividends, Alphabet has the potential to become a strong dividend growth business in the future if it chooses to initiate a dividend policy.