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Summit Minerals (ASX:SUM) Total Payout Yield % : 0.00 (As of May. 28, 2024)


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What is Summit Minerals Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Summit Minerals's current Total Payout Yield % is 0.00%.


Summit Minerals Total Payout Yield % Historical Data

The historical data trend for Summit Minerals's Total Payout Yield % can be seen below:

* 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.

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Summit Minerals Total Payout Yield % Chart

Summit Minerals Annual Data
Trend Jun23
Total Payout Yield %
-61.63

Summit Minerals Semi-Annual Data
Dec22 Jun23 Dec23
Total Payout Yield % -115.56 - -46.53

Competitive Comparison of Summit Minerals's Total Payout Yield %

For the Other Industrial Metals & Mining subindustry, Summit Minerals'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.


Summit Minerals's Total Payout Yield % Distribution in the Metals & Mining Industry

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

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



Summit Minerals Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Summit Minerals's Total Payout Yield % for the fiscal year that ended in Jun. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (0 + 3.229 + 0) / 5.23914
=-61.63%

Summit Minerals's annualized Total Payout Yield % for the quarter that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (0 + 1.346 + 0) * 2 / 5.78572
=-46.53%

* 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.


Summit Minerals 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.


Summit Minerals Total Payout Yield % Related Terms

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Summit Minerals (ASX:SUM) Business Description

Traded in Other Exchanges
N/A
Address
389 Oxford Street, Level 1, Mount Hawthorn, WA, AUS, 6016
Summit Minerals Ltd engages in acquiring, exploring, and developing battery mineral projects in Australia. It holds interest in the following projects: Stallion REE Uranium Project (WA), the Windfall Antimony Project (NSW), the Phillips River Lithium Project (WA), and the Northern REE Lithium Projects (WA), and the Bridgetown Lithium Projects (WA).