Think about all the people involved in health care that aren’t involved in actually providing healthcare. Billing, debt collection, assessing insurance claims, denying claims, legal fighting over denied claims, advertising etc.
All that money is better spent providing healthcare.
There are also stable companies with a solid revenue stream that don’t have much growth potential, so pay out the profits as dividends. These are more in demand for retirement funds or individuals who get to point in life they need to start living from their investments. Yield is always a calculation of dividend + growth.
Tech companies that don’t pay a dividend and reinvest everything into growth is a relatively new concept
When a daddy senior dev op and a mummy senior dev op love each other very much…