I'm
a big fan of dividend growth but I also like stocks that buy back own shares.
By reducing its own outstanding shares, earnings per share could get a boot.
It’s the highest shareholder friendly activity that a
company can make but also very sensitive because buybacks will shut down eelier
than dividend growth.
Many companies from the S&P 500 pay good dividends
and buy on a regular basis shares in the same amount. If you have a stable
business model, you can easily do both without hurting your operational
business.
Recently, the buyback numbers from the S&P were
released and some financial research firms jumped on that data to create
researches. I have read them and I want to share the best buyback companies
with you here today.
Most of the stocks with the highest buyback volume in
Q2 outperformed the market. These are the companies with the strongest buyback programs: