Seeking Stocks With Cheap, Safe Dividend Streams [View article]
"Given the choice between dividends or stock buybacks, I'd choose the latter anytime. Among the banks, I actually prefer WFC."
The problem is, WFC share count has increased by over 26MM over the past year. That's almost a percent increase in the share count. So those share buybacks have been going into the pockets of somebody else.
So much for the advantage of a stock buyback. The company is probably buying back the options granted to executives.
I've never had anybody take my dividend away from me.
Seeking Stocks With Cheap, Safe Dividend Streams [View article]
The problem is, WFC share count has increased by over 26MM over the past year. That's almost a percent increase in the share count. So those share buybacks have been going into the pockets of somebody else.
So much for the advantage of a stock buyback. The company is probably buying back the options granted to executives.
I've never had anybody take my dividend away from me.
Does anybody ever actually check this stuff?