Market Cap : 2.25 B | Enterprise Value : 2.25 B | PE Ratio : 184.30 | PB Ratio : 1.00 |
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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.
Nuveen Municipal Creditome Fund's current Total Payout Yield % is 4.84%.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
* The bar in red indicates where Nuveen Municipal Creditome Fund's Total Payout Yield % falls into.
Total Payout Yield % is a measure of shareholder return.
Nuveen Municipal Creditome Fund's Total Payout Yield % for the fiscal year that ended in Oct. 2020 is calculated as
Total Payout Yield % | = | - (Repurchase of Stock | + | Issuance of Stock | + | Cash Flow for Dividends) | / | Market Cap |
= | - (0 | + | 0 | + | -107.579) | / | 1888.87204 | |
= | 5.70% |
Nuveen Municipal Creditome Fund's annualized Total Payout Yield % for the quarter that ended in Oct. 2020 is calculated as
Total Payout Yield % | = | - (Repurchase of Stock | + | Issuance of Stock | + | Cash Flow for Dividends) | * | Annualized Factor | / | Market Cap |
= | - (0 | + | 0 | + | -53.32) | * | 2 | / | 2094.93724 | |
= | 5.09% |
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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.
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