Q: Is there an easy way of calculating the dividend yield if the company issues special dividend during the year. I know the present yield is 1.74%, but what would be the dividend yield if you include the special dividends it has issued during the last year. Or if there is a site that does the calculation for you I would appreciate getting it. Many tnx for all your hard work.
5i Research Answer:
**edited for typo
Some sites will report total yield on all dividends but we think this can be misleading as special dividends are not regular. The simplest way is to total dividends in the past year and compare to the price of the stock. Total dividends June 22 to May 19 2023 were $8.70, for a yield of 14.3% at current prices.