• Download software • Tutorial videos
• Subscription & data-feed pricing • Class schedule


• New account application • Trading resources
• Margin rates • Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Worden Discussion Forum » Members » AIMster

Profile: AIMster
About
User Name: AIMster
Groups: Gold User, Member, TeleChart
Rank: Registered User
Real Name:
Location
Occupation:
Interests:
Gender: Unsure
Statistics
Joined: Wednesday, April 11, 2007
Last Visit: Thursday, April 26, 2007 2:14:15 PM
Number of Posts: 2
[0.00% of all post / 0.00 posts per day]
Avatar
Last 10 Posts
Topic: A dividend cost PCF
Posted: Friday, April 20, 2007 7:04:41 AM
QUOTE (diceman)
I don't think you can access dividends with the PCF language.



Thanks for the reply and suggestions. I suppose my larger question is for a more robust version of the PCF language where you can access all the system functions and use them in whatever way works best. Either that or perhaps I need a more comprehensive, if, ahem, also more expensive, software package that allows more programmability.
Topic: A dividend cost PCF
Posted: Thursday, April 19, 2007 2:42:36 PM
What I'm after is a way to get a numerical value that meaures the cost for each dollar of dividend per security. I don't see either the dividend amount nor yield in the PCF function list (is there an expanded data dictionary somewhere)?

Anyway, example:
Security currently trades at $13.91 per share
Dividend Yield is 9.92%
To get the dividend amount, reverse the yield equation:
$13.91 * .0992 or $1.38 (to nearest cent)

Now, to get the cost of $1 amount of dividend:
First: 1 / $1.38 = .7246
Cost per $ of dividend is: .7246 * $13.91 or $10.08 (rounded).
This now tells me that for around every $10 I invest in this security I'll get $1 worth of dividend.

Having this numerical value to sort dividend paying stocks by would allow me to see the most cost-effective dividend payers, as one criterion for consideration. So, how do I get there from here?

Thanks!