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Would you say a dividend is less likely to be paid out after this? Assuming most of the voting shares are Google employees (management) is there reason to pay a dividend over just increasing their own salaries?

That seems simplistic because dividends are (iirc) better tax-wise than salary, but it seems having to match the dividend to non-voters might offset that? I know Google and the people I'm talking about are technically different, but they completely control Google's votes so does that really hold in practice?



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