num_pages: 55
description: Shareholder Yield: A Better Approach to Dividend Investing shows step-by-step how to find returns in a low yield world. Investors have flocked to dividend stocks in search of yield; however fewer companies are paying out less in dividends due to legal tax and structural changes in the US markets. Dividend payments are only one use of a companys free cash flow; other uses of cash include: share repurchases debt paydown reinvestment in the business and mergers and acquisitions. Consequently investors in the 21st century must look to all of the direct and indirect ways in which companies distribute their cash to shareholders a metric commonly referred to as Shareholder Yield. In this book we analyze portfolios based on the various cash flow metrics and find that portfolios of companies with high shareholder yields outperform both broad market indices and high dividend yield portfolios by a substantial margin.With all of the uncertainty in the markets today Shareholder Yield helps the reader answer one of the most often asked question in investing today - Where do I find yield?-- Amazon.com
language: English
title: Shareholder Yield: A Better Approach to Dividend Investing
publisher: The Idea Farm