Registered User
Joined: 12/24/2004
Posts: 18
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I have noticed a difference between what TC2005 reports as the dividend yield and that of Yahoo Finance (for example).
How is the dividend yield calculated in TC2005?
Are you using the total amount of dividends paid over the last 12 months?
Or are you taking the last dividend paid and multiplying by 4 and then dividing by the current closing price?
When and how often is the dividend data updated?
Do we have access to see this dividend information used in TC2005?
For example if we use BPT. Yahoo reports 7.02% yield and TC2005 shows 9.1%
Looking at the historical dividend paid totals $5.391. Using that figure and the closing price of $76.25 we get 7.07% yield. If we take the last dividend payment of $1.545 and multiply by 4 we get $6.18 which relates to a yield of 8.10%.
RedEyes
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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The latest reported dividend is divided by the current share price. It is updated weekly on Saturday.
Here is a post you might want to check out or print
Definitions of all built in scanning and sorting criteria
- Craig
Here to Help!
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