GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Center Bancorp Inc (NAS:CNBC) » Definitions » Total Payout Yield %

Center Bancorp (Center Bancorp) Total Payout Yield % : 6.87 (As of May. 05, 2024)


View and export this data going back to . Start your Free Trial

What is Center Bancorp 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.

Center Bancorp's current Total Payout Yield % is 6.87%.


Center Bancorp Total Payout Yield % Historical Data

The historical data trend for Center Bancorp'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.

* Premium members only.

Center Bancorp Total Payout Yield % Chart

Center Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Payout Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Center Bancorp Quarterly Data
Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Center Bancorp's Total Payout Yield %

For the Banks - Regional subindustry, Center Bancorp'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.


Center Bancorp's Total Payout Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Center Bancorp's Total Payout Yield % distribution charts can be found below:

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



Center Bancorp Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

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

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (-19.397 + 0 + -31.948) /
=N/A%

Center Bancorp'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
=- (-2.252 + 0 + -8.079) * 4 /
=N/A%

* 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.


Center Bancorp 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.


Center Bancorp Total Payout Yield % Related Terms

Thank you for viewing the detailed overview of Center Bancorp's Total Payout Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Center Bancorp (Center Bancorp) Business Description

Traded in Other Exchanges
Address
301 Sylvan Avenue, Englewood Cliffs, NJ, USA, 07632
ConnectOne Bancorp Inc is a holding company. The company through its holding provides banking services including lending, depository, and related financial services to commercial, industrial and governmental customers. It is managed as one segment: a community bank. It generates revenue from net interest income.
Executives
Frank Iii Huttle director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Alexander Bol director C/O CENTER BANCORP INC, 2455 MORRIS AVENUE, UNION NJ 07083
William Thompson director C/O CENTER BANCORP INC, 2455 MORRIS AVENUE, UNION NJ 07083
Frank W Baier director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Mark Sokolich director 204 MAIN STREET, FORT LEE NJ 07024
Nicholas Minoia director 17 REGER ROAD, SUCCASUNNA NJ 07876
Michael W Kempner director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Joseph Jr. Parisi director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Stephen T. Boswell director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Katherin Nukk-freeman director C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Daniel E Rifkin director C/O CONNECTONE BANK, 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Elizabeth Magennis officer: EVP & Chief Lending Officer CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Michael J. Mcgrover officer: FSVP & Chief Credit Officer C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Frank Iii Sorrentino director, officer: Chairman, President & CEO CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Christopher J. Ewing officer: EVP & Chief Operations Officer CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632

Center Bancorp (Center Bancorp) Headlines