Thanks for letting me know my shares of JPM aren't really paying me a quarterly ... | Hacker News

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		hnburnsy on March 12, 2023 \| parent \| context \| favorite \| on: Joint statement by the Department of the Treasury,... Thanks for letting me know my shares of JPM aren't really paying me a quarterly dividend. Should I just send these fictions back to 270 Park Ave?

dragonwriter on March 12, 2023 [–]

No, I’m telling you “JPM” is just an abstraction for you (the shareholders collectively, not just you personally).

That periodically the profits associated with that abstraction are distributed to you is a function of that, not a disproof of it.

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