Dados B3 › Glossary

Glossary

Return of capital

Money the company gives back to shareholders by reducing its own capital; it is not distributed profit.

What it is

Money the company gives back to shareholders by reducing its own capital; it is not distributed profit. Shown on the stocks pages.

How Dados B3 calculates it

per-share amount approved in a capital reduction, with record date; it stays out of the dividend yield and the payout and appears separately.

Example

Illustrative example, with made-up numbers to keep the arithmetic easy: A company returns R$ 2.00 per share in a capital reduction, with the share at R$ 20: that would be 10% 'yield', but it does not enter the DY because it does not come from profit.

What to watch for when reading it

• Mixing return of capital with dividends makes the yield look larger than the recurring distribution.

See also

• Dividend yield (DY)

Methodology · All indicators

Educational content to understand what each number means. It is not a recommendation to buy or sell.