Qingdao NovelBeam Technology Co (SHSE:688677) Total Payout Yield % : 1.47 (As of Jun. 10, 2024)

Qingdao NovelBeam Technology Co Total Payout Yield % Chart

Qingdao NovelBeam Technology Co Annual Data
	Trend	Dec13	Dec14	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Total Payout Yield %		Get a 7-Day Free Trial				-	-	0.44	0.37	1.08

Qingdao NovelBeam Technology Co Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Payout Yield %	Get a 7-Day Free Trial															0.01	3.97	0.05	-	-

Competitive Comparison of Qingdao NovelBeam Technology Co's Total Payout Yield %

For the Medical Instruments & Supplies subindustry, Qingdao NovelBeam Technology Co'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.

Qingdao NovelBeam Technology Co's Total Payout Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Qingdao NovelBeam Technology Co's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Qingdao NovelBeam Technology Co's Total Payout Yield % falls into.

Qingdao NovelBeam Technology Co Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Qingdao NovelBeam Technology Co's Total Payout Yield % for the fiscal year that ended in Dec. 2023 is calculated as

Qingdao NovelBeam Technology Co'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.

Qingdao NovelBeam Technology Co 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.

Qingdao NovelBeam Technology Co Total Payout Yield % Related Terms

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Qingdao NovelBeam Technology Co (SHSE:688677) Business Description