BitMine Immersion Technologies (BitMine Immersion Technologies) Total Payout Yield % : 0.00 (As of Jun. 02, 2024)

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What is BitMine Immersion Technologies 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.

BitMine Immersion Technologies's current Total Payout Yield % is 0.00%.

BitMine Immersion Technologies Total Payout Yield % Historical Data

The historical data trend for BitMine Immersion Technologies'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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BitMine Immersion Technologies Total Payout Yield % Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

Aug23

Total Payout Yield %

-4.95

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Payout Yield %	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of BitMine Immersion Technologies's Total Payout Yield %

For the Capital Markets subindustry, BitMine Immersion Technologies'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.

BitMine Immersion Technologies's Total Payout Yield % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitMine Immersion Technologies's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where BitMine Immersion Technologies's Total Payout Yield % falls into.

BitMine Immersion Technologies Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

BitMine Immersion Technologies's Total Payout Yield % for the fiscal year that ended in Aug. 2023 is calculated as

Total Payout Yield %	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Market Cap
	=	- (0	+	0	+	0)	/	34.76592
	=	0.00%

BitMine Immersion Technologies's annualized Total Payout Yield % for the quarter that ended in Feb. 2024 is calculated as

Total Payout Yield %	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	*	Annualized Factor	/	Market Cap
	=	- (0	+	0	+	0)	*	4	/	34.1278645
	=	0.00%

BitMine Immersion Technologies 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.

BitMine Immersion Technologies Total Payout Yield % Related Terms

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BitMine Immersion Technologies (BitMine Immersion Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitMine Immersion Technologies Inc (OTCPK:BMNR) » Definitions » Total Payout Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2030 Powers Ferry Road SE, Suite No. 212, Atlanta, GA, USA, 30339

Website

https://www.bitminetech.io

BitMine Immersion Technologies Inc is a blockchain technology company that is building out industrial-scale digital asset mining, equipment sales, and hosting operations. The company's primary business is data center focused, both mining Bitcoin for its own account as well as hosting third-party Bitcoin mining servers.