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Top 10 Split Trust (TSX:TXT.UN) Buyback Yield % : 2.45 (As of Apr. 28, 2024)


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What is Top 10 Split Trust Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Top 10 Split Trust's current buyback yield was 2.45%.


Top 10 Split Trust Buyback Yield % Historical Data

The historical data trend for Top 10 Split Trust's Buyback 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.

Top 10 Split Trust Buyback Yield % Chart

Top 10 Split Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only - 19.59 66.81 8.05 2.65

Top 10 Split Trust Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Buyback 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 - 15.42 - 5.51 -

Competitive Comparison of Top 10 Split Trust's Buyback Yield %

For the Asset Management subindustry, Top 10 Split Trust's Buyback Yield %, along with its competitors' market caps and Buyback 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.


Top 10 Split Trust's Buyback Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Top 10 Split Trust's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Top 10 Split Trust's Buyback Yield % falls into.



Top 10 Split Trust Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Top 10 Split Trust's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-0.037 + 0) / 1.398684
=2.65%

Top 10 Split Trust's annualized Buyback Yield for the quarter that ended in Dec. 2023 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (0 + 0) * 2 / 1.398684
=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.

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Dec. 2023) data.


Top 10 Split Trust Buyback Yield % Related Terms

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Top 10 Split Trust (TSX:TXT.UN) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 2600, P.O. Box 113, Toronto, ON, CAN, M5H 3T9
Top 10 Split Trust is a Canada-based closed-end investment trust. The fund invests in a portfolio of securities consisting of common equity securities of Canadian banks and Canadian life insurance companies. Its investment objective is to provide unitholders with the benefit of capital appreciation in the market price of the securities in the fund's portfolio.

Top 10 Split Trust (TSX:TXT.UN) Headlines

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