Dividend yield
The annual dividend divided by the current share price.
Formula
Declared payouts over the last twelve months divided by the current price. Stored as a fraction.
How to read the number
Yield rises when the price falls. A record yield often signals a collapsed quote rather than a generous company.
When the metric lies
Where it is used
The metric is calculated across every security in the catalogue and appears on the instrument card, in the multiples table and in the screener.
Also known as: dividend yield