Business Quote by T. Boone Pickens
“I don't like stock buybacks. I think if a company has the money to buy their stock back, then they should take that and increase the dividends. Send it back to the stockholder. Let them invest their money again from the dividends.”
About This Quote
Source Interview: CNBC, “Pickens on Stock Buybacks,” 2018
The speaker argues that companies should prioritize returning cash to shareholders via dividends rather than repurchasing stock, promoting broader investment.
In simple terms: Dividends are better than buybacks for shareholders.
Key Takeaway
Advocate for dividend payouts over stock repurchases.
Themes
finance
corporate governance
shareholder rights
investment
economics
Mood
analytical
critical
Type
financial
strategic
When to use this quote
- Corporate earnings reports
- board meetings
- shareholder meetings
Key Concepts
Capital allocation
shareholder value
dividend policy
Questions to Reflect On
- What impact do higher dividends have on company growth?
- How do buybacks affect market perception?
A Different Perspective
Dividends may not address long‑term growth needs.
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