Hipgnosis Songs Fund (LSE:SONG) Total Payout Yield % : 3.94 (As of Jun. 08, 2024)

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What is Hipgnosis Songs Fund 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.

Hipgnosis Songs Fund's current Total Payout Yield % is 3.94%.

Hipgnosis Songs Fund Total Payout Yield % Historical Data

The historical data trend for Hipgnosis Songs Fund'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.

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Hipgnosis Songs Fund Total Payout Yield % Chart

Hipgnosis Songs Fund Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Total Payout Yield %

-66.96

-33.45

-7.53

4.90

Hipgnosis Songs Fund Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Payout Yield %	Get a 7-Day Free Trial				-18.48	4.40	3.16	6.22	6.63

Competitive Comparison of Hipgnosis Songs Fund's Total Payout Yield %

For the Entertainment subindustry, Hipgnosis Songs Fund'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.

Hipgnosis Songs Fund's Total Payout Yield % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hipgnosis Songs Fund's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Hipgnosis Songs Fund's Total Payout Yield % falls into.

Hipgnosis Songs Fund Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Hipgnosis Songs Fund's Total Payout Yield % for the fiscal year that ended in Mar. 2023 is calculated as

Total Payout Yield %	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Market Cap
	=	- (-1.616	+	0	+	-46.358)	/	979.4601
	=	4.90%

Hipgnosis Songs Fund's annualized Total Payout Yield % for the quarter that ended in Sep. 2023 is calculated as

Total Payout Yield %	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	*	Annualized Factor	/	Market Cap
	=	- (0	+	0	+	-32.159)	*	2	/	969.78642
	=	6.63%

Hipgnosis Songs Fund 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.

Hipgnosis Songs Fund Total Payout Yield % Related Terms

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Hipgnosis Songs Fund (LSE:SONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hipgnosis Songs Fund Ltd (LSE:SONG) » Definitions » Total Payout Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY

Website

https://www.hipgnosissongs.com

Hipgnosis Songs Fund Ltd is an investment company. The company's investment objective is to provide shareholders with an attractive and growing level of income, together with the potential for capital growth. It offers to play exposure to songs and associated musical intellectual property rights. Hipgnosis Songs Fund serves customers globally.