Shanghai Suochen Information Technology Co (SHSE:688507) Total Payout Yield % : 0.14 (As of Jun. 18, 2024)

Shanghai Suochen Information Technology Co Total Payout Yield % Chart

Shanghai Suochen Information Technology Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Payout Yield %	Get a 7-Day Free Trial								-	0.29	0.04	-	-

Competitive Comparison of Shanghai Suochen Information Technology Co's Total Payout Yield %

For the Software - Application subindustry, Shanghai Suochen Information Technology 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 Suochen Information Technology Co's Total Payout Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Suochen Information Technology Co's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Shanghai Suochen Information Technology Co's Total Payout Yield % falls into.

Shanghai Suochen Information Technology Co Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Shanghai Suochen Information Technology Co's Total Payout Yield % for the fiscal year that ended in Dec. 2023 is calculated as

Shanghai Suochen Information Technology Co's annualized Total Payout Yield % for the quarter that ended in Mar. 2024 is calculated as

* 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 Suochen Information Technology 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 Suochen Information Technology Co Total Payout Yield % Related Terms

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Shanghai Suochen Information Technology Co (SHSE:688507) Business Description