Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
A common misconception. A shareholder gains zero when a firm releases a dividend.

If you read french, I wrote Les dividendes enrichissent-ils les actionnaires ?.

BTW, does anyone know the tax treatment of share buybacks?

by Laurent GUERBY on Fri Dec 22nd, 2006 at 10:47:40 AM EST
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