Pattech Fitwell Tube Components (NSE:PATTECH) Total Payout Yield % : -1.18 (As of Jun. 20, 2024)

Pattech Fitwell Tube Components Total Payout Yield % Chart

Competitive Comparison of Pattech Fitwell Tube Components's Total Payout Yield %

For the Steel subindustry, Pattech Fitwell Tube Components'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.

Pattech Fitwell Tube Components's Total Payout Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Pattech Fitwell Tube Components's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Pattech Fitwell Tube Components's Total Payout Yield % falls into.

Pattech Fitwell Tube Components Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Pattech Fitwell Tube Components's Total Payout Yield % for the fiscal year that ended in Mar. 2022 is calculated as

Pattech Fitwell Tube Components's annualized Total Payout Yield % for the quarter that ended in Sep. 2023 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.

Pattech Fitwell Tube Components 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.

Pattech Fitwell Tube Components Total Payout Yield % Related Terms

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Pattech Fitwell Tube Components (NSE:PATTECH) Business Description