Is there a point in purchase a stock that will never pay dividends?

Question

Let's assume theoretically that a company will never ever pay dividends. Is there any point to owning its stock? Eventually after a thousand years it will either grow to an extremely large size or it will go bankrupt (but most likely the latter). In either case owning the stock is pointless.

Answer 1

Sure, if you expect the share price to increase, so that you can sell it for a profit.

For the modern retail investor, that’s the primary purpose for buying shares of stock.