If you are a shareholder, it means you believe in the company, and you are thinking long term. Just because a company doesn't pay dividends this year doesn't mean it won't in the future. Every year, companies collectively decide whether to distribute the previous year's profits as dividends or reinvest them back into the company. Think of it this way: by reinvesting this year's profits, the company is developing, so you can expect more dividends in the future :) But this is just my humble opinion.