Money & Business
Why are public companies vanishing in America?
...changes in payouts to shareholders. Average dividends per dollar of assets were lower in 2015 than in 1975, in spite of the fact that dividends have increased by a factor of three since 2000. Share repurchases are much higher now than either twenty or forty years ago. Since the late 1990s, public corporations paid out more in repurchases than in dividends. Because of this...