from: https://www.finrafoundation.org/sites/finrafoundation/files/dividend-paying-stocks.pdf - Money math for teens - Dividend paying stocks
- A share of stock is ownership in a corporation.
- Dividends are sums of money paid by a corporation to shareholders.
To compute yield, use
round((dividend / stock_price) * 100, 1)
In : def yield_pct(dividend, stock_price): res = round((dividend / stock_price) * 100, 1) return res In : dividend = 1.55; stock_price = 82.00 In : yield_pct(1.55, 82.00) Out: 1.9
So, if a company pays \$1.55 dividend and its stock price is \$82.00, then the yield is 1.9%
- profit yield = ((new_price / old_price) -1)
- total yield = profit yield + dividend yield
- A dividend aristocrat is an S&P 500 company that has raised its dividend every year for the past 25 years.
- A dividend achiever is an S&P 500 company that has raised its dividend every year for the past 10 years.