As a dividend growth investor, I appreciate this article! Curious on your view of stock buybacks though when it comes to the framing of my publication below.
The Apple case study perfectly illustrates buybacks done right. 40% share count reduction over a decade while growing the business - that's how you compound wealth. Most companies just use buybacks to offset dilution and call it shareholder-friendly.
As a dividend growth investor, I appreciate this article! Curious on your view of stock buybacks though when it comes to the framing of my publication below.
https://divistockchronicles.substack.com/p/stock-buybacks-confidence-or-financial
Love it, especially the two examples you give of good and bad examples of buybacks.
The Apple case study perfectly illustrates buybacks done right. 40% share count reduction over a decade while growing the business - that's how you compound wealth. Most companies just use buybacks to offset dilution and call it shareholder-friendly.
When the stock price is overvalued, dividend should be prioritized.
SBB overvalued stock is a stupid action.
.
When the stock price is undervalued, 10% SBB should be prioritized.