No Dividends Needed: Amazon's Growth Strategy Trumps Dividend Payers

Amazon's lack of dividends shouldn't deter long-term investors. The company's stock has skyrocketed 66,570% over the past 25 years, turning $10,000 into a whopping $6.7 million.

This impressive performance makes Amazon one of the single greatest performers for investors this century. Shareholders know that instead of paying dividends, the leadership team has opted to allocate capital to growth opportunities, increasing revenue and profit far into the future.

Investors who focus on dividend stocks might consider Coca-Cola, which has a durable competitive strength and an impressive dividend streak. However, its total return over the past decade comes up short of Amazon's 520% gain.