GoDaddy

GoDaddy is a leading provider of domain registration, web hosting and online-presence tools for small businesses and independent entrepreneurs, with a large customer base and a growing set of commerce, marketing and website-building services. Its subscription model produces recurring revenue and reliable cash flow. GoDaddy does not pay a dividend and returns cash to shareholders primarily through substantial share buybacks while investing in product and, at times, acquisitions. As a non-payer, it should be framed purely as a growth and capital-return story rather than an income holding, which its low dividend-oriented score reflects. Investors here are backing free-cash-flow growth and repurchases, not a distribution stream.