[marcosdumay]

US companies normally do stock buy-backs instead.

It is a way to distribute the money to the investors, that their tax system favors.

[krupan]

There are lots of US companies that pay dividends. Another commentor lists some tech companies that do, and there are lots of other types of businesses that do. A quick internet search will give you a list.

You are correct that stock buybacks are another way that companies reward their shareholders.

[runako]

Good call. I should have said that most of those companies also do buybacks as part of their capital return strategies.

[matwood]

And, as an investor I absolutely prefer buybacks so I can control my tax liability.