tag:blogger.com,1999:blog-2371295367923834063.post186633985193141860..comments2023-06-24T10:06:17.874-05:00Comments on Dividends4Life: Share Buybacks - Do they really help?Unknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-2371295367923834063.post-60894612461887897142008-04-05T21:01:00.000-05:002008-04-05T21:01:00.000-05:00LOD&PI: I agree that dividend and share repurchase...LOD&PI: I agree that dividend and share repurchases should go hand in hand. From my perspective, share repurchases should be the residual after executing a defined growth dividend policy.<BR/><BR/>Best Wishes,<BR/>D4LAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-68302248333538037272008-04-05T14:27:00.000-05:002008-04-05T14:27:00.000-05:00I think raising the dividends should go hand in ha...I think raising the dividends should go hand in hand with share repurchases.<BR/><BR/>I think recently TCK announced this. Share repurchases by themselves seem very suspicious. (kind of how an investment bank firm will pay the top 6 execs $150 million in bonuses plus stock options and only $20 million in dividends to the shareholders).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-53967463847326599522008-03-19T11:56:00.000-05:002008-03-19T11:56:00.000-05:00Tyler: Thanks for the comment. Your link cut off,...Tyler: Thanks for the comment. Your link cut off, so I reposted it here:<BR/><BR/><A HREF="http://dividendmoney.com/stock-buybacks-who-benefits-the-most" REL="nofollow">Stock Buybacks: Who Benefits The Most?<BR/></A><BR/><BR/>Good read, BTW.<BR/><BR/>Best Wishes,<BR/>D4LAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-12096815461647834862008-03-19T08:54:00.000-05:002008-03-19T08:54:00.000-05:00I have posted on this topic over at Dividend Money...I have posted on this topic over at Dividend Money and have a different view from that posted here. <BR/>Who actually benefits the most from share repurchases?<BR/>http://dividendmoney.com/stock-buybacks-who-benefits-the-most/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-65976616142278890692008-03-10T07:10:00.000-05:002008-03-10T07:10:00.000-05:00AI: Dividend investing in the U.S. did not catch ...AI: Dividend investing in the U.S. did not catch on until the tax rate was lowered on "qualified" dividends.<BR/><BR/>Capital gains are still more tax efficient, but not by as much as in th past.<BR/><BR/>Thanks for visiting and commenting.<BR/><BR/>Best Wishes,<BR/>D4LAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-34672173659642575772008-03-10T04:26:00.000-05:002008-03-10T04:26:00.000-05:00Hi Dividends4Life. I've really enjoyed browsing t...Hi Dividends4Life. I've really enjoyed browsing through your blog. Thanks for stopping by and commenting on mine (<A HREF="http://beginnersstockinvesting.blogspot.com/" REL="nofollow">Stock Market Investing For Beginners</A>).<BR/><BR/>On the topic of share buybacks, tax implications can have a big impact. Here in Australia, capital gains are taxed at a lower rate provided you hold a stock foraussiehttps://www.blogger.com/profile/01107317004744791925noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-27080274395911664392008-03-09T15:24:00.000-05:002008-03-09T15:24:00.000-05:00PI: You are correct. I too work for an S&P 500 Co...PI: You are correct. I too work for an S&P 500 Co. We use an IRR model to evaluate projects to determine if they are over the cost of capital. Generally, the highest IRRs come on internal projects, then acquisitions. Once these are exhausted we use excess cash to pay down debt, then to purchase shares. With annual dividend growth as a function of projected excess cash (within a reasonable Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-64407821775582182212008-03-09T13:14:00.000-05:002008-03-09T13:14:00.000-05:00FJ and D4L, I am not a fan of stock repurchases. I...FJ and D4L, <BR/>I am not a fan of stock repurchases. I am a believer that, in general, continued stock repurchases without any real growth in company is an indication that management is not able to inject cash back in business. I work of S&P500 company. In the market domain, the growth has become standstill (but still very healthy cash flow) for last 5 years. All companies have resorted to buy Dividend Treehttps://www.blogger.com/profile/01158365117506993948noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-73452750522071317092007-11-09T21:59:00.000-06:002007-11-09T21:59:00.000-06:00FJ: I am not against share repurchase – there is a...FJ: I am not against share repurchase – there is a delicate mix between it and dividend increases. Either taken to the extreme can be detrimental to a company. I work for a S&P 500 company. The decision tree we follow is: internal growth, acquisitions, pay down debt, share repurchases, let the cash sit on the balance sheet, moderate dividend increases.<BR/><BR/>I am a big fan of your site. D4Lhttps://www.blogger.com/profile/01335749596803945185noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-41740159098384149002007-11-09T20:42:00.000-06:002007-11-09T20:42:00.000-06:00Hi Dividends4Life, great blog you have, and I love...Hi Dividends4Life, great blog you have, and I love your mules introduction. Looks like you're quite a prolific blogger with almost a post per day. BTW, I'll add you to my blogroll after this. We don't have enough dividend investing blogs in Canada.<BR/><BR/>With respect to share repurchases, I'm a big fan. I'm not familiar with the specious study conducted by S&P, but any study done within anAnonymousnoreply@blogger.com