Moody’s: Companies Cutting Capex To Pay DividendsRupert Hargreaves
One of the more concerning corporate trends that’s emerged over the past few years has been the rising value of dividends to shareholders of public companies at the expense of capital investment, as some anti "activists" like Marty Lipton have noted.
Analysts at ratings agency Moody’s have crunched the numbers to find how just how widespread this trend is and they published their findings in a report at the end of last month.
Companies Cut Capex To Pay Dividends
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