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Andretti Acquisition (Andretti Acquisition) Total Payout Yield % : 86.78 (As of Jun. 10, 2024)


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What is Andretti Acquisition 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.

Andretti Acquisition's current Total Payout Yield % is 86.78%.


Andretti Acquisition Total Payout Yield % Historical Data

The historical data trend for Andretti Acquisition'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.

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Andretti Acquisition Total Payout Yield % Chart

Andretti Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Total Payout Yield %
- -75.93 108.58

Andretti Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Payout Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Andretti Acquisition's Total Payout Yield %

For the Shell Companies subindustry, Andretti Acquisition'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.


Andretti Acquisition's Total Payout Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Andretti Acquisition's Total Payout Yield % distribution charts can be found below:

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



Andretti Acquisition Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Andretti Acquisition'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
=- (-161.041 + 0 + 0) / 148.318976
=108.58%

Andretti Acquisition'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
=- (0 + 0 + 0) * 4 / 148.318976
=0.00%

* 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.


Andretti Acquisition 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.


Andretti Acquisition Total Payout Yield % Related Terms

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Andretti Acquisition (Andretti Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
7615 Zionsville Road, Indianapolis, IN, USA, 46268
Andretti Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
William Matthew Brown officer: See Remarks 331 N. MAIN ST., EULESS TX 76039
William J Sandbrook director, officer: See Remarks C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
James W Keyes director 4500 WESTGROVE DR. SUITE 222, ADDISON TX 75001
Cassandra S. Lee director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Gerald D Putnam director 100 SOUTH WACKER DRIVE, SUITE 1800, CHICAGO IL 60606
Michael Andretti director, officer: See Remarks 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Andretti Sponsor Llc director, 10 percent owner, officer: See Remarks 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
John J. Romanelli director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Zakary C. Brown director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268