I also never vote (which means my broker votes for me). However, I very much value the ability to vote. Owning stock is about owning the company, and if you have no vote, you have no ownership. If management doesn't trust me with a vote, what makes me think they have my interests in mind? At that point, owning the stock is simply gambling on the price going up. Maybe I get some dividends, too--bonus--but since my share class can't vote, what would make the owners give any dividends to that class, rather than keeping it all themselves? If management wants to keep control, that's great, I'm all for that, but then they should issue bonds, not stock.
