RE: Sp fall3 Jun 2026 10:59
Virtually all of the profit making companies I am invested in have started 'buy backs' in lieu of dividends. I have yet to see any benefit in the way of share price increase from any of them. Directors appear to be like sheep, follow the herd. What do we pay them for? Many shares are valued on their dividend yield or at least valuation is underwritten in this way. I can see tax advantages for large shareholders but I repeat what I have said before on this board, it is not in the interest of most retail holders many who are relying on dividends for income in retirement.