I feel that the Meb Faber shareholder yield is really a measure of how shareholder friendly a company is when disbursing its profits. (fatpitchfinancials.com)
Nucor also is a very shareholder friendly company. (valuewalk.com)
An example of when a buyback makes sense is when a cyclical shareholder friendly company is at the peak of its earnings cycle. (early-retirement-planning-insights.com)