> Does that list include stock buybacks? The omission is deliberate. When money is being returned to shareholders I greatly prefer dividends. It puts pressure

> Does that list include stock buybacks? The omission is deliberate. When money is being returned to shareholders I greatly prefer dividends. It puts pressure on management to manage for sustainable long-term cashflow and removes the temptation to pump up the stock for a quick personal profit. Unfortunately the tax treatment in the US is very unfavourable. By contrast, Australia gives franking credits for dividends and more companies there pay shareholders with dividends instead.