For the most part, the $750 in share buybacks in 2013 were perceived as investor-friendly moves designed to boost share prices.
However, when shares are bought back under less desirable circumstances, it could be way to artificially boost value when a company anticipates a sell-off in shares from a poor earnings report or drained pipeline that doesn’t bode well for future growth.
Dividends, on the other hand, are tangible. An enterprising corporate accountant can’t fake a dividend. Earnings, wages, revenue, taxes, accounts payable, accounts receivable, business write-offs — all these entries — can be manipulated to the point that an investor can spend hours poring over financial statements to ensure what’s reported is real.
Cash speaks loudly
But you can’t fake a cash payment — either you have the cash or you don’t.
Given all the uncertainty surrounding the stock market, it seems all the sweeter to quickly and regularly recoup a portion of your initial investment in dividend income.
It’s not always best to seek out the highest-yielding stocks, but rather those that have long histories of consistent increases. Here are golden dividend payers to consider: