1. What are the differences, other than personal income tax differences, between a share repurchase and a dividend payment?
2. Are dividend/earnings payout ratios in the 2000s much lower than they were in the 1960s?
3. Are dividend/price ratios in the 2000s much lower than they were in the 1960s?
4. Are net-payout ratios in the 2000s much lower than they were in the 1960s?