Worker Dividend Calculator
Find out how much money you could be owed under Senator Brown's Bill
Over the past decade, corporate stock buybacks have soared. Corporations use stock buybacks to withhold profits from workers, and instead keep more and more profits for their CEOs and Wall Street investors. And buybacks exploded after President Trump signed the 2017 Republican tax giveaway to corporations. We must stop this never-ending cycle of corporate greed, and make sure that workers are sharing in the profits they create. Senator Brown is introducing legislation to do just that. The plan is simple: if corporations want to transfer wealth to Wall Street, workers have to get a proportionate share of the pie. For every $1 million passed on to shareholders in the form of stock buybacks or dividends, corporations would have to pass on $1 to every worker. We're calling it a Worker Dividend, and all public corporations would be required to pay it. Find out more about Senator Brown's plan HERE, and use the calculator below to find out much money your corporate employer could owe you under this bill.
Not sure how much your employer spent on stock buybacks? You can look it up using SEC filings HERE. Enter the company name or ticker symbol in the appropriate box (for example, "Home Depot" or "HD") and search for the most recent annual report filing, called a "10-K". The amount spent on share repurchases, or stock buybacks, can generally be found in the financial statements under the "consolidated statements of cash flows", or by searching for "share repurchases". Be sure to enter the amount for the most recent fiscal year.
Click HERE to find totals for the 20 U.S. companies that spent the most on stock buybacks in FY 2018.
Having trouble finding the amount your employer spent on raising shareholder dividends? You're not alone. Right now, there is no standardized disclosure of increases in shareholder dividends. Senator Brown's bill would fix that by requiring companies to be more transparent and make clear how they are increasing payouts to shareholders.
Having trouble finding the amount your employer spent on special shareholder dividends? Special dividends are not common, but companies use them to return capital to shareholders. Right now, there is no standardized disclosure of special shareholder dividends. Senator Brown's bill would fix that by requiring companies to be more transparent as part of the worker dividend.