Novo Resources (ASX:NVO) Total Payout Yield % : 0.00 (As of May. 31, 2024)

Novo Resources Total Payout Yield % Chart

Novo Resources Annual Data
	Trend	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Dec21	Dec22	Dec23
Total Payout Yield %		Get a 7-Day Free Trial					-	-	-	-	-28.64

Novo Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Payout Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Novo Resources's Total Payout Yield %

For the Gold subindustry, Novo Resources's Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Novo Resources's Total Payout Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Novo Resources's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Novo Resources's Total Payout Yield % falls into.

Novo Resources Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Novo Resources's Total Payout Yield % for the fiscal year that ended in Dec. 2023 is calculated as

Novo Resources's annualized Total Payout Yield % for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Novo Resources Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.

Novo Resources Total Payout Yield % Related Terms

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Novo Resources (ASX:NVO) Business Description