Share Buybacks in China

Share Buybacks in China Chinese companies are buying back record amounts of stocks. Image: Goldman Sachs Global Investment Research

Why Are Dividends and Buybacks Hitting Record Highs?

Why Are Dividends and Buybacks Hitting Record Highs? Corporate stock buybacks and dividends are booming, thanks to the tax cuts and low interest rates.Unfortunately, artificially low interest rates are associated with unnecessary debt and a rise of corporate debt-to-GDP since the Great Recession.

S&P 500 Dividend Yields vs. 10-Year Treasury Yields

S&P 500 Dividend Yields vs. 10-Year Treasury Yields S&P 500 dividend yields are near historic lows, close to levels seen during the 2000 tech bubble, due to high valuations and companies favoring stock buybacks over dividends, challenging income-focused investors relying on dividends. Image: Deutsche Bank

S&P 500 Buyback Index

S&P 500 Buyback Index Stock buybacks continue to increase which is good news for U.S. stocks. Image: TS Lombard

S&P 500 Payout Ratio

S&P 500 Payout Ratio Stock buybacks and dividends as a percentage of free cash flow are reaching dangerous levels. Image: MarketWatch

YoY Growth in S&P 500 Cash Use

YoY Growth in S&P 500 Cash Use S&P 500 companies are shifting cash to capex, led by AI, while buybacks stall. The result may be weaker EPS support and a thinner cushion for stock prices. Image: Goldman Sachs Global Investment Research

Announced Buyback Value

Announced Share Buybacks in the U.S. The ongoing pipeline of stock repurchase programs demonstrates strong confidence among executives and continues to underpin the U.S. stock market through 2025 and beyond. Image: Bloomberg

Buyback Announcements

Buyback Announcements In 2025, U.S. companies are announcing record levels of share buybacks, aiming to return cash to shareholders, stabilize stock prices, and enhance EPS as they navigate economic and policy uncertainty. Image: Bloomberg

Does Quantitative Easing Affect Valuation?

Does Quantitative Easing Affect Valuation? More fundamentally, low interest rates, high margins, low taxes, buybacks & free cash flow drive stocks higher. Image: Fidelity Investments