"Magnificent Seven" Stocks Ranked by Share Repurchases and Dividends
Investors have good reason to pay attention to how much money companies distribute back to shareholders.
Overview
Throughout history, no group of stocks has returned as much capital to shareholders as the "Magnificent Seven."
Back in 2023, Bank of America analyst Michael Hartnett first put that name on a group of megacap tech stocks that had taken the lead in consumer and enterprise technology in hardware and in the cloud, and leveraged their positions to become some of the largest companies in the world.
Details
These businesses have proven to be phenomenally profitable.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.