I never really understood the concept of non dividend stock. I thought when you buy stocks in a company it means you become part owner of the company and you are supposed to take a share of the profits? A non dividend stock to me would be like buying partial ownership into a restaurant but never making a penny, you put your money at risk but the only time you can earn something on your risk if you sell your share of the restaurant. But then you are at the mercy of the time, what if you want to sell during the winter? Are you forced to take less money, etc.. Anyways I heard that in the early 1900s all stocks paid dividends.