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Rocket (Rocket) Shareholder Yield % : 77.14% (As of Dec. 2023)


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What is Rocket 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, Rocket's Shareholder Yield % was 77.14%.


Rocket Shareholder Yield % Historical Data

The historical data trend for Rocket'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.

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Rocket Shareholder Yield % Chart

Rocket Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shareholder Yield %
Get a 7-Day Free Trial - -115.45 -40.20 264.90 65.61

Rocket 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 264.90 223.96 277.02 192.38 65.61

Competitive Comparison of Rocket's Shareholder Yield %

For the Mortgage Finance subindustry, Rocket'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.


Rocket's Shareholder Yield % Distribution in the Banks Industry

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

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



Rocket Shareholder Yield % Calculation

Rocket'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 %+-1.1 %+66.71 %
=65.61 %

* 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.


Rocket  (NYSE:RKT) 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.


Rocket Shareholder Yield % Related Terms

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Rocket (Rocket) Business Description

Traded in Other Exchanges
Address
1050 Woodward Avenue, Detroit, MI, USA, 48226
Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company's mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company's lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket's origination process to offer loans to their customers. The company has rapidly gained market share in recent years and is now the largest mortgage originator in the U.S. as well as the servicer for more than 2 million loans.
Executives
Varun Krishna officer: Chief Executive Officer 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Jonathan D Mariner director 2200 WEST DON TYSON PARKWAY, SPRINGDALE AR 72762
William C. Emerson director 1050 WOODWARD AVENUE, DETROIT MI 48226
Matthew Rizik director 1050 WOODWARD AVENUE, DETROIT MI 48226
Jay Farner director, officer: Chief Executive Officer 1050 WOODWARD AVENUE, DETROIT MI 48226
Tina V. John officer: General Counsel & Secretary C/O ROCKET COMPANIES, INC., 1050 WOODWARD AVENUE, DETROIT MI 48226
Daniel B Gilbert director, 10 percent owner 1050 WOODWARD AVENUE, DETROIT MI 48226
Rock Holdings Inc. director, 10 percent owner 1090 WOODWARD AVENUE, DETROIT MI 48226
Jennifer L. Gilbert director 1050 WOODWARD AVENUE, DETROIT MI 48226
Nancy Tellem director 1016 LAKE PARK DRIVE, BIRMINGHAM MI 48009
Suzanne F. Shank director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Julie Booth officer: Chief Fin. Officer & Treasurer 1050 WOODWARD AVENUE, DETROIT MI 48226
Angelo Vitale officer: General Counsel and Secretary 1050 WOODWARD AVENUE, DETROIT MI 48226
Walters Robert D. Jr. officer: President & Chief Oper Officer 1050 WOODWARD AVENUE, DETROIT MI 48226
Brian Nicholas Brown officer: Chief Accounting Officer 1050 WOODWARD AVENUE, DETROIT MI 48226