Top 10 Net Payout Yields Stocks For June

By Stone Fox Capital:This article is a continuation of a monthly series highlighting the top net payout yield stocks that was started in June (see article). The series highlights the best stocks for the upcoming month. Net Payout Yields Defined

By Stone Fox Capital:This article is a continuation of a monthly series highlighting the top net payout yield stocks that was started in June (see article). The series highlights the best stocks for the upcoming month. Net Payout Yields Defined

By Stone Fox Capital:This article is a continuation of a series highlighting the top net payout yield stocks that was started in June (see article) and repeated in July (see article). The series is meant to highlight the best stocks for the upcoming month so this report is clearly late.

Stone Fox Capital submits:Most investors continue to focus on high dividend yielding stocks paying very little attention to stock buybacks. Unless you're a retiree living completely on fixed income, it's a mistake to not focus on the complete picture of returns of capital to shareholders. The combination of stock buybacks and dividends or Net Payout Yields (NPY) has offered higher returns in the past. Buybacks can be a more efficient return of capital to shareholders as it reduces the tax burden of investors.

By Stone Fox Capital:After about 14 months of running a Net Payout Yields Model on Covestor, I'm still stunned how few people understand the concept or even incorporate it into investing. Net Payout Yields are the combination of the ever popular dividend yield and the always controversial net stock buyback yield. Or another way, the yield a company pays out to shareholders. No preference is given to whether the yield is obtained via dividends or buybacks.

Stone Fox Capital submits:Last week I wrote about the Top 4 Net Payout Yield stocks with market caps above $10B. Today I wanted to follow up with the next 4 highest yielding net payout yield stocks.

Stone Fox Capital submits:After the close on Thursday, Accenture (ACN) reported earnings that surpassed earnings estimates. The company continues to report strong numbers with 21% revenue growth and 27% earnings growth.

One of my pet peeves is how frequently public companies announce stock buyback programs before they buy a single share. If you are buying back your stock because you believe it is undervalued, and you know that announcing your intentions is going to give a boost to the stock, you are essentially screwing over your shareholders. Why pay more than you have to for the shares you want to repurchase? Today we learned that Berkshire Hathaway (BRKa /BRKb) has authorized share buybacks at prices up to 110% of book value.