$ICBC (01398.HK)$Hi, how do I calculate to arrive at Div Yield TTM=9.06%? Newbie here. Thank you.
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12631268
:
In one year, there are two distributions, totaling 0.336. At the current stock price, this should be around 6.2%, and after deducting 10% tax, the actual amount received is around 5.6%.
104553483
OP
:
I found the answer for Div Yield TTM=9.06%. I posted on 8/May, so: 8/May's Div Yield TTM = Trailing 12-mth Dividend ÷ 7/May's closing price = (0.15529+0.33571)÷5.42 = 9.06%
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12631268 : In one year, there are two distributions, totaling 0.336. At the current stock price, this should be around 6.2%, and after deducting 10% tax, the actual amount received is around 5.6%.
104553483 OP 12631268 : No wonder. Thank you for the instruction.
Chris Ivan Ang : They took the current dividend yield basing the base price of a share bought in 2019 to derive that 10%
104553483 OP : I found the answer for Div Yield TTM=9.06%.
I posted on 8/May, so:
8/May's Div Yield TTM
= Trailing 12-mth Dividend ÷ 7/May's closing price
= (0.15529+0.33571)÷5.42
= 9.06%