18 Cash Rich US Companies

North American stock indexes are all in the red today following a disappointing initial jobless claims report in the US, and a disappointing Philly Fed Manufacturing Index number; and so we say bye-bye to Tuesday's and Wednesday's gains.

I'm going to take a break from The fundamental Index discussion today as frankly I haven't read any more chapters from the book; but I'll get on it this weekend and pick up where I left off for next week.

Today I thought I'd bring your attention to a recent report from ScotiaCapital which highlights cash rich US companies with a history of increasing dividend payouts and share buybacks. With expectations shifting to an extended period of slow economic growth, more and more strategists are discussing the merits of dividends. This picks up on a recent article in Barron's titled: 'The Power of Payouts.' Following a period of significant corporate restructuring, coupled with the recent economic rebound, US corporations are sitting on a record amount of cash which should lead to increases in dividend payouts and share buybacks. If you'd like a copy of the report, ask us at yourlifeyourplan.ca or call 250-868-5525.

GB