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Don't Expect a Netflix Dividend Anytime Soon
NFLXNetflix(NFLX) Investopedia·2024-10-18 16:30

Key TakeawaysNetflix CFO Spencer Neuman said the company has "no plans to increase leverage to buy back stock or to issue a dividend."Neuman said Netflix is prioritizing "profitable growth by reinvesting in our business."Wall Street expects Netflix's full-year free cash flow to top $10 billion in 2026, according to Visible Alpha data. Sorry, dividend investors: You probably won’t be rushing to add Netflix (NFLX) to your portfolios. During the streaming giant’s third-quarter earnings call on Thursday, CFO Sp ...