Diminishing cash dims outlook for buybacks, dividends

Total buybacks and dividends in the S&P 500 equal about 128 per cent of annual earnings this year, the most on record ... — Total buybacks and dividends in the S&P 500 equal about 128 per cent of annual earnings this year, the most on record outside the financial crisis, according to an August report by Barclays Capital.

Dennis Brack

by
Oliver Renick

Little by little, the corporate cushion is shrinking.

Pressured by a year-and-a-half of weakening profits and splurges on buybacks and dividends, the once-towering piles of money at American companies have started to topple. Cash and equivalents slipped to a median $US860 million at S&P 500 Index members last q…

Read the full article at: http://www.afr.com/markets/diminishing-cash-dims-outlook-for-buybacks-dividends-20160906-grafts

Category: LiquidationBy Insolvency Advisory Accountants September 6, 2016

Diminishing cash dims outlook for buybacks, dividends – The Australian Financial Review

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