Ignoramus18915 on Fri, 30 Jul
2010 13:31:24 -0500 typed in rec.crafts.metalworking the following:

That the Schmidt company is privately held is just another way of
doing the same thing - it is the corporation which makes all the
money, not the 'stock holders'.

Private or not, stockholders get dividends from corporate earnings.

Apparently, you've never held stock in a company which for various
reasons decided to "skip the dividend." Or stock in a company which
doesn't issue dividends. Say, Microsoft
--
pyotr filipivich
We will drink no whiskey before its nine.
It's eight fifty eight. Close enough!