Our work is related to previous research on payout yield as a predictor of future returns. (greenbackd.com)
The net payout yield goal for the strategy is 8 %, defined by the amount a company spends on stock buybacks and dividends as a percentage of its stock price (adjusted for the amount a company receives for issuing new stock). (ibkram.com)
That compares with the current payout yield for the SPDR Consumer Staples Select Sector ETF of 2.97 % and the implied yield for the S&P 500 of 1.95 %, according to FactSet. (marketwatch.com)