5 Canadian Companies Rewarding Investors With Dividends And Buybacks
By Bayesian Investing:
I often hear the debate about what is the better way for companies to reward their shareholders: dividend or buybacks. I have nothing new to add to this tired debate, but instead will ask, "why chose?" There are plenty of companies that do both!Next week, I will take a look at some U.S. companies, but today I want to examine five Canadian companies that don't always get a lot of coverage here on Seeking Alpha. All of these companies have announced a large dividend increase and share buyback program this year.
Tim Hortons (THI)
In an article last year, I joked that the Canadian coffee behemoth was now generating so much free cash flow that they wouldn't know what to do with it all. Well, Tim Hortons has decided to put that cash to good use by rewarding shareholders. They announced an additional share repurchase program, which combined withComplete Story »