, Columnist
Shareholder Yields Are Higher Than You Think
Investors should consider share buybacks, not just dividends.
Not yet.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
One of the reasons many investors are forecasting lower returns in the stock market is simply that dividend yields are much lower than they have been historically.
The expected returns formula for the stock market1493832294456 looks something like this:
