GOLDMAN: The 23 Best Stocks For Fat Dividends And Huge Buybacks
Advertisement
REUTERS/Jo Yong-Hak
Advertisement
"S&P 500 companies are buying back more than 3% of market cap, 2x the pace from the 1990s, and dividends are up 50% since 2010," writes Goldman economist Stuart Kaiser. "80% of S&P 500 is buying back stock. We expect 10% buyback and dividend growth in 2014."
Strong corporate balance sheets, low bond yields, and low U.S. economic growth has meant that investors want companies to return more cash to shareholders via buybacks and dividends, Kaiser notes.
And over the last 20 years, S&P 500 companies with robust buyback programs have outperformed the market.
Kaiser picks out 23 top S&P 500 stocks organized by total yield.
Advertisement
- Tesla tells some laid-off employees their separation agreements are canceled and new ones are on the way
- Taylor Swift's 'The Tortured Poets Department' is the messiest, horniest, and funniest album she's ever made
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- The Future of Gaming Technology
- Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts
- Sustainable Transportation Alternatives
- 10 Foods you should avoid eating when in stress
- 8 Lesser-known places to visit near Nainital