Shareholder Yield

Shareholder yield looks at all the ways that companies can return capital to their shareholders. It is the sum of a company's dividend yield, net buyback yield and debt paydown yield. Since it covers multiple methods that a firm can use to return capital to its shareholders, many consider shareholder yield to be a superior measure to dividend yield. Academic research has shown that stocks with high shareholder yields typically outperform the market over time.

Formula: Shareholder Yield = Dividend Yield + Net Buyback Yield + Debt Paydown Yield