the.com/dividends

a company admitting it made more money than it knows what to do with.

means a portion of a company's profit paid out to shareholders, usually in cash, just for owning the stock.

from from latin dividendum, the thing to be divideddutch east india company investors got the first recorded cash payouts in 1602, making it arguably the original passive income scheme.

for instance

johnson johnsonraised its dividend for 61 consecutive years

coca coladividend king paying since 1920, hiked yearly since 1963

berkshire hathawaybuffett refuses to pay one, reinvests everything instead

agnc investmentpays monthly, yields often above 10 percent

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