Dividend Recap Lacks Financial Meaning


Dividend Recap Lacks Financial Meaning

Related Stocks: DPZ, HMA, SMG Andy Kern submits: Well I guess the folks at the Wall Street Journal got wind of my recent blog postings, because on Tuesday there appeared a story on page C1 about exactly this issue. Incidentally, it pointed out that in addition to the companies I have mentioned, Domino’s Pizza (DPZ) also recently announced a “dividend recap.” I feel somewhat better about my confusion now, because even this article didn’t profess any really decent argument in favor of these transactions. Complete Story »

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