Daily News: March 8, 2013

WSJ: Firms Send Record Cash Back to Investors

The Wall Street Journal reported that U.S. companies with a record windfall of dividends and share buybacks, helping to propel the stock market’s rally.

The Journal said companies in the S&P 500 index are expected to pay at least $300 billion in dividends in 2013, which would top last year’s record $282 billion.

To read the Wall Street Journal article click here.