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Shanghai Morn Electric Equipment Co (SZSE:002451) Total Payout Yield % : 1.12 (As of Jun. 13, 2024)


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What is Shanghai Morn Electric Equipment Co 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.

Shanghai Morn Electric Equipment Co's current Total Payout Yield % is 1.12%.


Shanghai Morn Electric Equipment Co Total Payout Yield % Historical Data

The historical data trend for Shanghai Morn Electric Equipment Co'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.

Shanghai Morn Electric Equipment Co Total Payout Yield % Chart

Shanghai Morn Electric Equipment Co 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 0.59 0.37 0.39 1.57 0.82

Shanghai Morn Electric Equipment Co 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 0.65 1.31 0.40 0.98 0.60

Competitive Comparison of Shanghai Morn Electric Equipment Co's Total Payout Yield %

For the Electrical Equipment & Parts subindustry, Shanghai Morn Electric Equipment 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.


Shanghai Morn Electric Equipment Co's Total Payout Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Morn Electric Equipment Co's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Shanghai Morn Electric Equipment Co's Total Payout Yield % falls into.



Shanghai Morn Electric Equipment Co Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Shanghai Morn Electric Equipment Co'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
=- (0 + 0 + -25.073) / 3065.616
=0.82%

Shanghai Morn Electric Equipment Co's annualized Total Payout Yield % for the quarter that ended in Mar. 2024 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (0 + 0 + -4.146) * 4 / 2775.744
=0.60%

* 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.


Shanghai Morn Electric Equipment 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.


Shanghai Morn Electric Equipment Co Total Payout Yield % Related Terms

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Shanghai Morn Electric Equipment Co (SZSE:002451) Business Description

Traded in Other Exchanges
N/A
Address
No.2829 Jiangshan Road, Pudong New Area, Shanghai, CHN, 201306
Shanghai Morn Electric Equipment Co Ltd is engaged in the manufacture, development and sale of wire, cable and related accessories in China. The company also offers technical consulting and services for its products. Its products include Multi URD cable, Single URD cable, DLO cable, SOOW flexible cable, SJOOW flexible cable, SO flexible cable, SJ flexible cable, among others.
Executives
Zhu Jie Supervisors
Wen Ze Xin Directors, executives
Ye Zhen Executives
Zhu Zhi Ying Director
Dai Ren Min Supervisors
Chen Yin Executives
Wang Yong Wei Directors, executives
Wang Qing Director
Wen Ze Hong Directors, executives
Chen De Bin Executives

Shanghai Morn Electric Equipment Co (SZSE:002451) Headlines

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