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Parkit Enterprise (Parkit Enterprise) Total Payout Yield % : 2.89 (As of May. 15, 2024)


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What is Parkit Enterprise 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.

Parkit Enterprise's current Total Payout Yield % is 2.89%.


Parkit Enterprise Total Payout Yield % Historical Data

The historical data trend for Parkit Enterprise'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.

Parkit Enterprise Total Payout Yield % Chart

Parkit Enterprise Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec21 Dec22 Dec23
Total Payout Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.67 - -37.60 3.53 2.82

Parkit Enterprise Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 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 0.32 0.31 10.41 0.77 0.02

Competitive Comparison of Parkit Enterprise's Total Payout Yield %

For the Real Estate Services subindustry, Parkit Enterprise'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.


Parkit Enterprise's Total Payout Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Parkit Enterprise's Total Payout Yield % distribution charts can be found below:

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



Parkit Enterprise Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Parkit Enterprise'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
=- (-3.227 + 0 + 0) / 114.5840976
=2.82%

Parkit Enterprise'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
=- (-0.004 + 0 + 0) * 4 / 101.863701
=0.02%

* 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.


Parkit Enterprise 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.


Parkit Enterprise Total Payout Yield % Related Terms

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Parkit Enterprise (Parkit Enterprise) Business Description

Traded in Other Exchanges
Address
100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5
Parkit Enterprise Inc is an industrial real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States.

Parkit Enterprise (Parkit Enterprise) Headlines

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