So, what did
shareholders get in return?
Not exact matches
In return for its 42 percent stake in Indus Towers, Vodafone will get between 26.7 percent and 29.4 percent of the Indus - Bharti Infratel combine depending on the options two other shareholders in Indus - Idea and private equity Providence - exercis
In return for its 42 percent stake
in Indus Towers, Vodafone will get between 26.7 percent and 29.4 percent of the Indus - Bharti Infratel combine depending on the options two other shareholders in Indus - Idea and private equity Providence - exercis
in Indus Towers, Vodafone will
get between 26.7 percent and 29.4 percent of the Indus - Bharti Infratel combine depending on the options two other
shareholders in Indus - Idea and private equity Providence - exercis
in Indus - Idea and private equity Providence - exercise.
Metro
gets a percentage of sales from every location, so it generates a lot of free cash flow, which it then
returns to
shareholders in the form of 1.53 % yield and share buybacks.
Utilizing the payout ratio, or the percentage of profits a company
returns in the form of a dividend to its
shareholders, we can
get a good bead on whether a company has room to increase its dividend.
When investors ignore these often - significant minority interests, like
in the case of KMI, they are not
getting the full picture of a company's cash available to be
returned to
shareholders.
Add
in that Amazon is diluting
shareholders by one percent
in the last twelve months, versus Macy's which is
returning capital through dividends and share repurchases at a rate of twelve percent, and you
get a complete picture of why Macy's looks attractive to a value investor.
The finding appears to extend to the macroeconomic level as well —
shareholders in the larger economy
got a much bigger bang for their buck when cash was
returned to them as dividends than when it was deployed into capital expenditure.
The management has wisely bought back shares of the stock at severely depressed levels, and doesn't seem to
get too carried away with regular buybacks, preferring to
return excess cash to
shareholders in the form of special dividends (much preferred to buybacks).
Assuming the company decides not to pay a dividend to the
shareholders (so the
shareholders can reinvest the money themselves), financial managers within Pfizer must identify new projects that offer a higher rate of
return than what they could
get if they simply invested the money
in the financial market (this being the opportunity cost of capital).
In return, a new shareholder gets a cheap share price, a far leaner / less risky company, and a management that's been once bitten, twice shy — a great combination, in my opinion, and something I look for / depend on in a number of my investment
In return, a new
shareholder gets a cheap share price, a far leaner / less risky company, and a management that's been once bitten, twice shy — a great combination,
in my opinion, and something I look for / depend on in a number of my investment
in my opinion, and something I look for / depend on
in a number of my investment
in a number of my investments.
In a stock company,
shareholders get the
returns of profits and not the policyholders.