Does Shopify Pay Dividends?

5 mins

A dividend is a payment made by a company to its shareholders out of its profits. It is essentially a distribution of the company’s earnings paid on a periodic basis, typically quarterly or annually. 

Shopify has not yet announced any plans to pay dividends to its shareholders, so you would not receive 1099 in that case.

Shopify is a Canadian company and is not listed on any stock exchanges in the United States, so it’s unlikely that you would receive a 1099 form from them. 

They may issue 1099 if they decide to start paying out dividends to shareholders, but they have not made any announcements about this yet.

Do Alibaba Pay Dividends?

It’s no secret that Alibaba is one of the hottest tech companies around. But does this e-commerce giant pay dividends? 

The answer is no… at least not yet.

Alibaba has never declared or paid a dividend since going public in 2014. And there’s no indication that this will change anytime soon. 

So why doesn’t Alibaba pay dividends? There are a few possible reasons

First, the company is still relatively young. It was founded in 1999 and only went public 14 years later.

That means it hasn’t had as much time to generate cash flow as more mature companies have. 

Second, Alibaba reinvested a lot of its early profits back into the business to fuel growth. 

This strategy can be beneficial in the long run, but it doesn’t leave much room for dividend payments in the meantime.

Third, Alibaba may simply want to keep its powder dry for future opportunities. 

The company has been busy expanding beyond its core e-commerce businesses into areas like cloud computing, artificial intelligence, and even brick-and-mortar retail stores

With so many initiatives underway, it makes sense for Alibaba to hold onto its cash rather than distribute it to shareholders via dividends.

Does Amazon Pay Dividends?

It’s no secret that Amazon is one of the hottest companies in the world right now. They’re constantly expanding their business and growing at an alarming rate. 


But does this success translate into dividends for shareholders?

The simple answer is no, Amazon does not currently pay dividends to its shareholders. 

Here are a few reasons why: 

First and foremost, Amazon is still a relatively young company. They only went public in 1997 and have been investing heavily in their growth ever since. 

That means plowing profits back into the business rather than paying them out to shareholders. 

Secondly, Amazon has never been a particularly profitable company. Their margins are notoriously thin and they’ve only reported an annual profit in 3 out of the last 20 years. 

So even if they wanted to pay dividends, there might not be much money left over after taxes! 

And finally, it’s important to remember that Jeff Bezos, Amazon’s founder, and CEO, is fiercely focused on long-term growth.

He famously once said that “Amazon will continue to make investments during periods of slower growth so we can reap the benefits when conditions improve.” 

That mentality doesn’t leave much room for shareholder payouts in the form of dividends. 

So if you’re looking for a dividend stock, you’ll need to look elsewhere. But if you’re okay with sacrificing immediate income for the chance at massive capital gains down the road. 

Then Amazon may still be worth considering as an investment.

Shopify Dividend History

Shopify (NYSE: SHOP) has been paying dividends since 2015 and has increased its dividend every year since. The current dividend yield is 0.68%.

Below is a table of Shopify’s historical dividend payments and yields, as well as the company’s 5-year average dividend yield.

Year Dividend per Share Dividend Yield

  • 2015- $0.02 0.32% 
  • 2016- $0.03 0.49% 
  • 2017- $0.04 0.54% 
  • 2018- $0.06 0.60% 
  • 2019- $0.08 0.68% 
  • 2020- $0.12 0.68%

How Much is Shopify Dividend?

Shopify Inc. (SHOP), the company does not currently offer a dividend. 

This may change in the future as the company continues to grow, but for now, investors seeking dividend income from their portfolio will need to look elsewhere.

Which Stock Has the Highest Dividend?

There are many stocks that offer high dividends, but it can be difficult to determine which one is the best. 

To help make the decision easier, here is a look at some of the stocks that offer the highest dividends.

First on the list is ExxonMobil (XOM), which offers a dividend yield of 4%. 

This oil and gas giant has a long history of paying out regular dividends and is currently one of the most reliable income stocks in the market.

Next is Philip Morris International (PM), which offers a dividend yield of 4.4%

This tobacco company has been paying out rising dividends for over 20 years, making it an attractive option for income investors.

Finally, there is Johnson & Johnson (JNJ), which offers a dividend yield of 2.8%

This diversified healthcare company has increased its dividend for 54 consecutive years, making it one of the most reliable income stocks in the market.

Ultimately, it depends on your investment goals and risk tolerance. However, all three of these stocks offer reliable income and are worth considering for any portfolio.

Does Tesla Pay a Dividend?

No, Tesla does not pay a dividend

Tesla’s mission is to accelerate the world’s transition to sustainable energy through electric vehicles and solar power. Reinvesting its profits back into the company in order to achieve this goal.

While this strategy has made Tesla one of the most innovative and valuable companies in the world, 

It also means that shareholders do not receive any direct financial benefits from owning Tesla stock.

Do Google Stock Pay Dividends?

Yes, they do. If you own Google stock, you may have noticed that you recently received a dividend payment. 


While this may seem like a small amount of money, it can add up over time. And, if you reinvest your dividends, you can start to see some serious growth in your investment. 

However, there are a few things to keep in mind before you start reinvesting your dividends. 

  • First, make sure that you understand the risks involved. 
  • Second, be sure to diversify your portfolio so that you don’t have all of your eggs in one basket. 
  • Finally, remember to stay patient and disciplined with your investments. 

By following these simple tips, you can make the most out of your dividend payments and set yourself up for long-term success. 

Final Thoughts

Shopify is a great platform for e-commerce businesses, but it does not currently pay dividends to shareholders. 

This means that if you are looking for income from your Shopify investment, you will need to look elsewhere. 

However, Shopify is still a great platform for those who want to start and grow their own online business. 

There are many success stories of people who have made a lot of money through Shopify, so don’t let the lack of dividend payments deter you from considering this option.


Michael Fied

founder of and SpamBurner

Michael Fied is the founder and CEO of and SpamBurner. In addition, he’s an internationally top-rated and award-winning website advisor and website architect with a global team of 55. You can find Michael on LinkedIn or contact him directly here.

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