GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Scentre Group (ASX:SCG) » Definitions » Shareholder Yield %

Scentre Group (ASX:SCG) Shareholder Yield % : 4.03% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Scentre Group Shareholder Yield %?

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Scentre Group's Shareholder Yield % was 4.03%.


Scentre Group Shareholder Yield % Historical Data

The historical data trend for Scentre Group's Shareholder 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.

Scentre Group Shareholder Yield % Chart

Scentre Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.56 -65.19 9.01 4.14 4.15

Scentre Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shareholder 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 9.01 9.48 4.14 2.34 4.15

Competitive Comparison of Scentre Group's Shareholder Yield %

For the REIT - Retail subindustry, Scentre Group's Shareholder Yield %, along with its competitors' market caps and Shareholder 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.


Scentre Group's Shareholder Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Scentre Group's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Scentre Group's Shareholder Yield % falls into.



Scentre Group Shareholder Yield % Calculation

Scentre Group's Shareholder Yield % for the quarter that ended in Dec. 2023 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=5.52 %+0 %+-1.37 %
=4.15 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Scentre Group  (ASX:SCG) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Scentre Group Shareholder Yield % Related Terms

Thank you for viewing the detailed overview of Scentre Group's Shareholder Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Scentre Group (ASX:SCG) Business Description

Traded in Other Exchanges
Address
85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000
Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre's assets.

Scentre Group (ASX:SCG) Headlines

From GuruFocus

Dominion Energy/SCANA Merger Achieves Another Key Milestone

By PRNewswire PRNewswire 09-05-2018

SCANA Corporation Issues Statement

By PRNewswire PRNewswire 10-22-2018

Scana Jumps on Merger News

By Omar Venerio Omar Venerio 01-03-2018

An Attractive Dividend Stock in the Utility Sector

By Omar Venerio Omar Venerio 08-28-2015

SCANA Corporation – Is AP A1?

By Tarrington Tarrington 12-07-2011