Why don't companies pay dividends on a graduated scale?

[Christinebitg]

(12-26-2021, 11:07 AM)crimsonghost747 Wrote: The reason they don't do this is that it would be illegal. (at least on this side of the pond) And quite frankly, unjust.
Shares dictate ownership of a company. Two people with the same amount of ownership need to have the exact same rights, and get the same amount of shareholder distributions.

Thank you for saving me the trouble of typing that out.

The technical name for not treating all of the shareholders equally is "shareholder oppression."