It had a forward, free cash flow yield of about 12% at the time we made our decision.
It currently has negative economic earnings, and a free cash flow yield of -11.1% is not exactly attractive.
According to analysts at Lehman Brothers, Anglo American has a free cash flow yield of 9.5% on its 2007 estimates, while BHP has a yield of 10%, and Rio Tinto, 11.2%.
One is: You may be well be aware that free cash flow yield across markets and cash on balance sheets of corporate, is something that has been talked about a great deal.
We now have a sector with a very high free-cash-flow yield.
FORBES: Shift Past Apple And America: Press Escape On Old Tech Investing Strategies
Tesco trades at 11.5 times estimated 2010 earnings and has a free-cash-flow yield of 7.3%, according to Truman, who has a price target of 416 pence.
FORBES: The retailing giant posts a stellar Christmas season.
The most valuable indicators in the Continental telecom group, according to White, are price to cash flow, dividend yield and price to book.
Notice on the dividend cash flow table that the dividend yield for calendar year 2000 was 6.1%.
Free cash flow growth rates combined with shareholder yield measures will dominate equity returns going forward.
Bulls scoff at the bear argument, noting that stocks aren't expensive based on many earnings, dividend-yield and cash-flow measures.
It sells at 40% of revenue, 8 times cash flow and with a 2% dividend yield.
It gets a perfect score on valuation, however, in part because of a big earnings yield and strong free cash flow.
It is now cheap again at 80% of revenue, 6.9 times cash flow and a 1.8% dividend yield.
The Cornerstone Value model takes all of the stocks that pass the four aforementioned criteria (market cap, shares outstanding, sales, and cash flow) and ranks them according to dividend yield.
The payout ratio is a non-stressful 46% of earnings and 44% of cash flow, good for a 3.17% yield.
FORBES: General Mills Keeps Pouring Out Big Bowls Of Dividends
It trades at 15 times trailing earnings, 1.2 times book value and 4 times cash flow, with a 3.7% dividend yield.
Were the company to pay out 50% of free cash flow, he contends, the company could offer a yield of 9%.
FORBES: Microsoft: Would They Really Want To Own Bookstores?
All this suggests that if Google chose to payout 50 percent of free cash flow it could afford shareholders more than a 3 percent yield.
It enjoys tremendous pricing power and generates substantial free cash flow that enables it to repurchase shares and hike its dividend yield, now at 4.4%.
FORBES: 5 Undervalued "Quality" Stocks That Reflect Track Record Of Buffett's Portfolio
The company was still generating decent cash flow, cutting costs and paying out a nearly 7% dividend yield.
Natural Resource Partners, even with a hefty 10.5% yield, is trading at the equivalent of nine times cash flow.
This eases the cash flow of a strapped business, and the time value of money makes such investment yield a higher (after-tax) rate of return.
FORBES: Depreciation Rules, Investment Swings And Rescheduled Economic Growth
Monthly dividends, which are funded from a strong cash flow, have been steady at about 10 cents per share and provide a whopping 15% yield.
Gannett, which I have just written about, just increased its dividend (now close to a 6% yield) and will also buy back some stock out of its prolific but ignored cash flow.
Demand for yield will come from pension funds, endowments and individual retirees seeking to fund liabilities and cash flow needs.
The dividend yield is an eye-popping 7.4% after the huge decline, but cash flow will have to be strong enough to support that payout and that increasingly demands growth in digital sales.
Now at 30% of revenue, 90% of book value, 7 times 2009 earnings and 3 times cash flow (in the sense of net income plus depreciation), and with a 3.6% dividend yield, it's too cheap to pass up.
One of those I especially like now is May Department Stores (nyse: MAY - news - people ), America's largest such chain, at 50% of annual revenue, 4 times cash flow (in the sense of 2002 net income plus depreciation) and with a 4.1% dividend yield.
应用推荐