If I eliminate that 90 cent dividend, yield is much lower. What is real expected yield at current price? anyone know?
I haven't done the math, but would assume they are recording the past 12 div's which includes December's .90 distribution.
Does that 90 cent or something thereabout dividend happen every December?
The last div was .2335/share. Multiply that by 12 and divide by the current price of $37.59.
If you DRIP, and have a large enough holding that you buy new shares each month with the dividends, then it is accurate to use an equation that takes that compounding into account:Most recent dividend=$ 0.2336Share Price 39.40holding period yield (monthly yield dividend/share price)[(.2336/39.40 +1)^12]-1=0.0735 (or 7.35%)
Thats what I thought so why does yahoo show. 8.55 per cent?