Closing Bell Overtime: Stocks Break 2-Day Win Streak 10/5/22
Closing Bell
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Schineer Cash Flow Yield Double Digits Compared to S&P 500
Schineer has been paying down debt very rapidly, getting it to a level where the company will likely become investment grade. It's increased its dividend pretty substantially, made it competitive with other companies in the S&P 500. But more importantly, it has a lot of cash flow to buy back stock in the case that the stock would decline or even at these levels.
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