Shareholder yield
ValuationDefinition
Sum of dividend yield + buyback yield + (sometimes) net debt paydown yield. Total cash returned to equity holders. Useful comparison metric for income-focused strategies.
Shareholder yield > earnings yield often signals a quality compounder returning all cash. Shareholder yield < dividend yield can flag debt-funded payouts at unsustainable rates.
Shareholder yield > earnings yield often signals a quality compounder returning all cash. Shareholder yield < dividend yield can flag debt-funded payouts at unsustainable rates.