GOLDMAN: Here are 19 great stocks shoveling tons of cash to their investors
Dividends and share buybacks help increase value for people holding a stock, and there's a lot of money to be had as companies shovel record amounts of cash back to shareholders.
In a note to clients Thursday, Goldman Sachs' Amanda Sneider gave insights into a lot of the firms's investment strategies including the "Total Cash Return to Shareholders Basket," which identifies the company's that return the most cash to their investors.
"We measure total cash return as the trailing four-quarter gross buybacks and common dividends as a share of the company's market cap at the beginning of this period," Sneider explained.
The average stock in this basket yielded a 9.2% cash return, while the average stock on the S&P 500 returned just 4.7%.
We compiled a list of the top 19 stocks, all with a total cash return yield of more than 10%. Below include how much of the return is from dividends or buybacks. You'll also find a comment about cash returns from company executives on the during their latest quarterly earnings call.