Google Inc. has never paid a dividend, but in May 2015 its share price was $556.83. Does

Question:

Google Inc. has never paid a but in May 2015 its share price was $556.83. Does this in valid ate the discount Model?
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...