GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Change Healthcare Inc (NAS:CHNG) » Definitions » Shareholder Yield %

Change Healthcare (Change Healthcare) Shareholder Yield % : 3.79% (As of Jun. 2022)


View and export this data going back to 2019. Start your Free Trial

What is Change Healthcare Shareholder Yield %?

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Change Healthcare's Shareholder Yield % was 3.79%.


Change Healthcare Shareholder Yield % Historical Data

The historical data trend for Change Healthcare's Shareholder 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.

Change Healthcare Shareholder Yield % Chart

Change Healthcare Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Shareholder Yield %
Get a 7-Day Free Trial - - - -49.25 4.30

Change Healthcare Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Shareholder 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 -33.29 -15.57 4.09 4.30 3.79

Competitive Comparison of Change Healthcare's Shareholder Yield %

For the Health Information Services subindustry, Change Healthcare's Shareholder Yield %, along with its competitors' market caps and Shareholder 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.


Change Healthcare's Shareholder Yield % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Change Healthcare's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Change Healthcare's Shareholder Yield % falls into.



Change Healthcare Shareholder Yield % Calculation

Change Healthcare's Shareholder Yield % for the quarter that ended in Jun. 2022 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=0 %+0 %+3.79 %
=3.79 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Change Healthcare  (NAS:CHNG) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Change Healthcare Shareholder Yield % Related Terms

Thank you for viewing the detailed overview of Change Healthcare's Shareholder Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Change Healthcare (Change Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
424 Church Street, Suite 1400, Nashville, TN, USA, 37219
Change Healthcare is a spinoff of various healthcare processing and consulting services acquired by McKesson over numerous years. Recently, these processing assets were contributed to a joint venture and in June 2019 public shares were issued with McKesson retaining the majority interest. As of the end of the March 2020 quarter, McKesson distributed all its interest in the public processor. Core services consist of insurance (healthcare) claim clearinghouse for healthcare payers in addition to administrative and consulting services to assist healthcare providers improve reimbursement coding, billing, and collections.
Executives
Tracy Byers officer: SVP and GM, Enterprise Imaging C/O CHANGE HEALTHCARE INC. 424 CHURCH STREET, SUITE 1400 NASHVILLE TN 37219
Steven B. Martin officer: EVP, Enterprise Technology 3055 LEBANON PIKE SUITE 1000 NASHVILLE TN 37214
Nella Domenici director C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Paul Rareshide officer: SVP, Corporate Controller C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Fredrik J Eliasson officer: EVP & CFO 500 WATER STREET, JACKSONVILLE FL 32202
De Crescenzo Neil E. director, officer: President & CEO C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Diana Mckenzie director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Roderick H. O'reilly officer: See Remarks C/O CHANGE HEALTHCARE INC., 3055 LEBANON PIKE, SUITE 1000, NASHVILLE TN 37214
August Calhoun officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Thomas Mcenery officer: EVP & Chief Marketing Officer
Bansi Nagji director MCKESSON CORPORATION, 6555 STATE HIGHWAY 161, IRVING TX 75039
Alex P. Choy officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Linda Whitley-taylor officer: EVP & Chief People Officer C/O BENSON HILL, INC., 1001 NORTH WARSON ROAD, SAINT LOUIS MO 63132
Phillip W. Roe director 20 BURTON HILLS BOULEVARD SUITE 100 NASHVILLE TN 37215
Kriten Joshi officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214

Change Healthcare (Change Healthcare) Headlines

From GuruFocus

Change Healthcare Issues the Following Statement:

By Business Wire Business Wire 02-24-2022

WATER ISLAND CAPITAL LLC Buys 1, Sells 4 in 1st Quarter

By GuruFocus Research 05-25-2023

Top 5 4th Quarter Trades of WATER ISLAND CAPITAL LLC

By GuruFocus Research GuruFocus Editor 02-18-2023

Top 5 4th Quarter Trades of Cohen Capital Management, Inc.

By GuruFocus Research GuruFocus Editor 02-01-2023

Heron Bay Capital Management Buys 3, Sells 2 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 10-20-2022

Top 5 3rd Quarter Trades of FNY Investment Advisers, LLC

By GuruFocus Research GuruFocus Editor 10-19-2022

David Abrams Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-11-2023