Quote:
Originally Posted by Vortech404
Bob, pretty sure you divide annual dividend by share price.
$12.13 divided by $86.79 =13.9 percent. Yeeha
John
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Exactly right.
Make sure you do this calc with the ANNUAL yield not the quarterly! There's 4 quarters (DOH!)...
Annual yield (in dollars and cents)
divided by the share price (using your cost).
It will NOT come out with the decimal point in the right place -- but you'll get the number and you put the decimal where it belongs
i.e., 1.60 / $10.00 will show up as .16 ------ move the decimal 2 points --- 16%