QUOTE(wyx18 @ Jul 30 2016, 11:43 PM)
How do I find out how much is the daily dividend yield for the past few years?
http://finance.yahoo.com/quote/7157.KL/his...iv&frequency=1dHow do I interpret this?
Jan 07, 2016 0.03 Dividend
Jan 22, 2015 0.025 Dividend
Jun 10, 2013 0.025 Dividend
Jan 22, 2013 0.02 Dividend
Aug 13, 2012 0.04 Dividend
Aug 11, 2011 0.04 Dividend
Does this mean dividend were paid on these date only or are those changes to daily dividend price made?
Thanks for the help
Some toxic views (you do not have to agree cos my views could be wrong.
)
1. Other sources of info, ie other websites, their info could always be inaccurate.
At first glance, instead of whipping out the calculator...
I noticed there were years that CYL did not pay out any dividend...
If that's the case, why bother with a stock with such poor dividend track record ( ASSuming that you are buying the stock solely for the dividend).
The next stop, go look at bursamalaysia website ....
That's the proper source of info...
check if it so...
ie check if the damn data is correct or not.
2. The TRACK record...
that's more important than the yield.
a stock that has a history of paying more dividends each year is more IMPORTANT than the yield.
* btw check if the stock had a bonus issue or split before. Cos these stuff distorts the DPS (dividend per share)
3.
QUOTE
Does this mean dividend were paid on these date only or are those changes to daily dividend price made?
check bursamalaysia website.
I suspect the data you posed are the dates when the dividends were announced.
4. The YIELD.
QUOTE
How do I find out how much is the daily dividend yield for the past few years?
The yield is NEVER the same !
Why?
as everyone knows...
Yield = dividends received per year/stock price.
the tricky part is the right side of the equation, those two aren't fixed.
Dividends received per year is NEVER a fixed amount.
The fantastic dividend stocks, their dividends go UP each year.
Many others don't!
Sometimes they don't give.
Sometimes they give less!!!
YES it happens!
This is the RISK!
** so try to imagine the immense difficulty in creating an accurate daily dividend year when the yield has a possibility to change each year and the daily stock price fluctuates all the time !!! **
So your stock could be paying you 5% dividend this year.
But if stock doesn't pay any dividend next year (citing the need to expand..bla bla ba...)....
or it announce it will pay much less dividends ....
would the stock not could get hammered... ?
and what happens to that 5% yield stock?
or what this next scenario?
you buy this one stock at 80 sen.
it pays 5 sen dividend per year.
That's a huge 6.25% year.
stock moves up.
stock moves to 1.20.
and gives a bonus issue.
or simplicity sake, say 1 for 1 bonus.
stock adjusted to 60 sen.
the stock pays the same dollar amount of dividend the following year.
with the extra shares, the dividend turns out to only 2.5 sen.
Less DPS.
but for you, it's STILL the same since you had the extra shares.
The dollar dividends remain the same.
now the stock moves UP to say 80 sen.
would the stock be as attractive to NEW prospective buyers?
well, the new prospective buyers would be looking at a potential yield of only 3%....
Is it as attractive?
For holders of the stock before the bonus...
this stock is damn sibeh hor.....
For new buyers... it's only so-so.
I could go on and on forever...
throwing in a different scenario....
and because of this...
my opinion?
don't get so hung up over the yield issue.
* ps. it's the same with the damn P and E. Both the P and E aren't fixed. It's ever changing....
* ps. I am not an investor.
This post has been edited by Boon3: Jul 31 2016, 09:30 AM