الإثنين, 25 حزيران/يونيو 2018 09:03

A Big Buyback Boom is Coming

Written by
Rate this item
(1 Vote)

(New York)

A big wave of buybacks is about to hit markets, and in an area where they haven’t showed up for a long time. The Federal Reserve is expected to give the green light to banks this week to rain buybacks down on investors. Furthermore, dividends are expected to grow considerably. Banks are expected to return 100% of their earnings over the next 12 months. JP Morgan is expected to hike dividends to 3%, and Citi looks poised to buy back 10% of its stock.


FINSUM: Goldman Sachs and Morgan Stanley might be the odd banks out in this forthcoming frenzy, but otherwise it should be very bullish for investors.

Contact Us

Newsletter

اشترك

Subscribe to our daily newsletter

Top