Some companies, such as Microsoft, have never paid a dividend and are unlikely to do so anytime

Question:

Some companies, such as Microsoft, have never paid a and are unlikely to do so anytime soon. If an investment is never going to yield a why would anyone buy stock in such a company?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...