In a recent report by Factset it is noted,
- Just 16 companies in the S&P 500 (3.2%) did not pay a dividend or engage in a share buyback over the trailing twelve month period.
- As recently as Q1 2010, more than three times as many companies (49, or 9.8%) did not make either form of distribution.
- Concurrently, the number of companies engaging in both forms of shareholder distribution reached the highest level since at least 2005 (369, or 73.8%).
|From The Blog of HORAN Capital Advisors|
Disclosure: Long GOOG