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Funds & Bonds

Dividend yield

Annual dividend per share divided by share price.

Plain languagePractical exampleConnected reading
01

What is it?

Annual dividend per share divided by share price.

02

Why does it matter?

It compares cash distributions with the current market price.

03

How should it be read?

Check gross versus net amount, sustainability, special dividends and price date.

04

Common mistake

Treating a high yield as risk-free or a guaranteed future payment.

IN PRACTICE

A simple example

Annual dividends of 5 on a price of 100 imply a 5% gross dividend yield.

RELATED CONCEPTS

Follow the connection

Free cash flowDividend payout ratioPrice-to-earnings ratio
USE THE CONCEPT

Move from knowledge to data

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