Despite the strong start, concern remains among retail investors and portfolio managers that chief financial officers remain too fixated on
returning cash to shareholders through stock buybacks and dividends.
Instead, it has concentrated on
returning cash to shareholders through buybacks and dividends; earnings per share have risen nearly 40 % since the last quarter of 2014, while the quarterly dividend is up 43 %.
General Motors recently responded to an activist group with a plan to
return cash to shareholders through share repurchase, and Lear had previously undertaken this action.
Not exact matches
Lance was not alone among the oil CEOs looking
to attract investors back
to the spurned sector, with Royal Dutch Shell CEO Ben van Beurden saying Shell and the industry are working
to achieve better
shareholder returns through strong free
cash flow and lower debt.
We used this
cash to further reduce net debt and increase
returns to shareholders through higher dividends,» Chief Executive Andrew Mackenzie said in a statement.
Over the last five years, Apple has
returned $ 233 billion in
cash to shareholders through buybacks and dividends.
Dividends and share repurchases must be funded by domestic
cash, and the Company has
returned to shareholders or invested all of the domestic
cash generated by its business and raised
through the issuance of debt since the beginning of the program.
We have increased our dividends by 100 % over the last 3 years, which speaks
to the consistent
cash flow we generate and our intent
to return more capital
to shareholders through dividends.
final quarter Apple CFO Luca Maestri mentioned the business expected
to be «internet
cash impartial» over time, signaling that it may beginning
returning extra capital
to shareholders through its dividend and share buyback courses.
Through the team's relentless execution of our plan in the first quarter, we grew revenue, expanded EBITDA margins, produced over 30 % growth in earnings and free
cash flow per share and
returned essentially all of our free
cash flow
to shareholders.
But the interesting thing is that in the eyes of many investors, Apple's quarterly iPhone sales numbers seem
to matter less now than they have for years — at least relative
to how much
cash Apple is generating and
returning to shareholders through dividends and stock buybacks.
Return of Capital During the quarter, the company
returned over $ 28 million in
cash to its
shareholders, including $ 16.5 million
through share repurchases and $ 11.5 million in dividends.
During the quarter, the Company
returned $ 21.0 million in
cash to its
shareholders, including $ 11.0 million in dividends and $ 10.0 million
through share repurchases.
Is that a good value for
shareholders, maybe not if a company burns
through all it's
cash only
to have the share price
return to normalcy.
All very well, I confess I've been
through all that myself professionally, but always felt frustrated at having giant hoards of
Cash on hand
to invest — in an ideal world, I knew the best thing for
shareholders and
Return on Equity was
to have zero
Cash and just come in each day and draw down / pay down on a Debt / CP facility.
The strong growth and
cash flow from Humira, the continued development of their drug pipeline, and management's commitment
to returning capital
to shareholders through dividends has increased our estimate of fair value for the company and changed our holding period from one year
to multiple years.
Generally, companies would aim
to sustain a dividend cover of at least 2 times in order
to avail adequate financing
through retained earnings while providing a reasonable
cash return on
shareholder's investment.
Companies continue
to increase their
shareholders»
returns through buybacks and
cash dividends.
Why don't they
return the
cash to shareholders (either
through 1x special divvy or buyback)?
Management decided
to return cash to shareholders, as many other tech companies did,
through both dividends and share repurchases.
The company generated $ 13.5 billion in
cash flow from operations and
returned about $ 21 billion in
cash to shareholders through dividends and share repurchases.