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CorVel (CorVel) Shareholder Yield % : 1.47% (As of Dec. 2023)


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What is CorVel 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, CorVel's Shareholder Yield % was 1.47%.


CorVel Shareholder Yield % Historical Data

The historical data trend for CorVel'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.

CorVel Shareholder Yield % Chart

CorVel Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.15 -2.29 3.14 4.54 2.68

CorVel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 4.20 2.68 2.50 1.38 1.02

Competitive Comparison of CorVel's Shareholder Yield %

For the Insurance Brokers subindustry, CorVel'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.


CorVel's Shareholder Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, CorVel's Shareholder Yield % distribution charts can be found below:

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



CorVel Shareholder Yield % Calculation

CorVel's Shareholder Yield % for the quarter that ended in Dec. 2023 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=0 %+0.88 %+0.14 %
=1.02 %

* 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.


CorVel  (NAS:CRVL) 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.


CorVel Shareholder Yield % Related Terms

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CorVel (CorVel) Business Description

Traded in Other Exchanges
N/A
Address
5128 Apache Plume Road, Suite 400, Fort Worth, TX, USA, 76109
CorVel Corp applies technology including artificial intelligence, machine learning and natural language processing to enhance the managing of episodes of care and the related health care costs. It partners with employers, third-party administrators, insurance companies and government agencies in managing worker's compensation and health, auto and liability services. The company's solutions combine integrated technologies with a human touch. CorVel's customized services, delivered locally, are backed by a national team to support clients as well as their customers and patients.
Executives
Brandon O'brien officer: Chief Financial Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
V Gordon Clemons director, officer: Chairman of the Board 2010 MAIN STREET, STE 600, IRVINE CA 92614
Steven J Hamerslag director PO BOX 7227, RANCHO SANTA FE CA 92067
Maxim Shishin officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Michael G Combs officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Jean Macino director 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
R Judd Jessup director 30962 VIA SERENIDAD, COTO DE CAZA CA 92679
Mark E. Bertels officer: EVP - Risk Management Services 1920 MAIN STREET, SUITE 900, IRVINE CA 92614
Corstar Holdings Inc 10 percent owner 2010 MAIN STREET STE 800, IRVINE CA 92614
Jennifer Yoss officer: Vice President of Accounting 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Gregory A. Dorn officer: Division President 1920 MAIN STREET, SUITE 900, IRVINE CA 92614
Jeffrey J Michael director 2010 MAIN STREET STE 600, IRVINE CA 92614
Alan Hoops director 2010 MAIN ST STE 600, IRVINE CA 92614
Diane Blaha officer: Sr. VP of Sales & Account Mgmt 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Michael Saverien officer: Exec. VP, Risk Mgmt. Services 2010 MAIN STREET, SUITE 600, IRVINE CA 92614