We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Cash reward

27 January 2003

They are a better proxy for cash than the muchmaligned ebitda. But they are also open to misinterpretation. Free cash flow yields may look attractive in telecoms. But why are dividend yields so low in comparison?

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)