Alto Neuroscience (Alto Neuroscience) Total Payout Yield % : -39.61 (As of May. 26, 2024)

Alto Neuroscience Total Payout Yield % Chart

Competitive Comparison of Alto Neuroscience's Total Payout Yield %

For the Biotechnology subindustry, Alto Neuroscience'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.

Alto Neuroscience's Total Payout Yield % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Alto Neuroscience's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Alto Neuroscience's Total Payout Yield % falls into.

Alto Neuroscience Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Alto Neuroscience's Total Payout Yield % for the fiscal year that ended in Dec. 2023 is calculated as

Alto Neuroscience's annualized Total Payout Yield % for the quarter that ended in Mar. 2024 is calculated as

* 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.

Alto Neuroscience 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.

Alto Neuroscience Total Payout Yield % Related Terms

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Alto Neuroscience (Alto Neuroscience) Business Description