Re; you would rather have dividends
As to whether to increase dividends or do a share buy back.
First thing you need to realize is that the company is not run for or by you. You get the right to vote your shares. First few people do but you can bet the large share holders do.
You hold say 100 shares of xyz stock and you vote your shares not to increse the salary of the CEO. OK. Likely the CEO ownes a huge number of shares-far more than you do.
On top of that he/she likely got many of their shares NOT PAID FOR, as management incentives-stock awards.
If, you need or want dividends, or any othr investment goal you should regularly review the stocks you hold and decide if they still fit your needs and goals. Several obvious examples
KODAK has gone out of business. Polaroid-has gone out of business.GE is currently worth less than half of what it once was. Due to GOVERNMENT action-interest rates on CDs and bonds and TAXES, we have little choice but to invest in the stock market and for some real estate. How quickly we have forgotten lessons of only ten years ago.
Stocks and real estate do not only go up.
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