Buybacks And Dividends: Sizing The Upswing
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Dividends and buybacks are poised for a comeback this year. How can analysts gauge whether they contribute to a firm’s intrinsic value?
Corporations responded to the onset of the COVID-19 pandemic by slashing costs and raising liquidity.
In the United States, non-financial companies now hold $2.6 trillion in cash, the equivalent of over 5% of total assets. That’s down from an all-time peak of 6% set last summer. Meanwhile, net debt-to-EBITDA ratios are…
