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Latest News
Webull Canada Review 2024 + MORE Feb 15th
Webull has arrived in Canada recently. The buzzy stock trading platform, which has 11 million customers around the world, announced on January 2 that it was accepting applications for Canadian accounts. Should you use Webull?
Is Webull available in Canada?
Yes. Webull Corporation, a pop.... More »
What is a cashable GIC? Dec 21st
Canadian investors have been struggling with high inflation for a couple of years now. In an attempt to cool inflation down, the Bank of Canada (BoC) continues to keep interest rates high. As a result, the interest rates available for guaranteed investment certificates (GICs) look to be pretty attra.... More »
The fallacy of a “stock-picker’s market” + MORE Oct 29th
Investors might find this hard to believe, but there is no such thing as a “stock-picker’s market.” When one stocker-picker “wins,” the investor on the other side of the trade “loses” by an identical amount. It’s a basic concept that many in the financial services sector have.... More »
What do to with a spousal RRSP at age 71 + MORE Jun 15th
Ask MoneySense
My question is in regards to a spousal RRSP that I have set up for my wife years ago. When she turns 71, do we have to turn it into something like a RRIF, which I did for my RRSP (I am older than her) and then withdraw from it annually? Or, could it be directly transferred to her TFSA.... More »
JPMorgan making big profits by flipping cargo vessels + MORE Nov 19th
The investment bank is the biggest buyer of second-hand cargo freighters this year, having purchased 12 ships for $250-million. In an industry where rates can fluctuate wildly, 'If you have ships ready to take advantage of the spot market, you can make a lot of money'
.... More »
How to calculate a stock’s dividend yield
– moneysense.ca
It’s easy for new investors to become befuddled with the bewildering array of data that’s available online. To make matters worse, different websites calculate common facts and figures in different ways.
Today I’m going to focus on some of the most popular ways of calculating a stock’s dividend yield in an effort to guide you through a small part of the morass.
Simply stated, a stock’s dividend yield is calculated by taking its dividend-per-share and then dividing it by its price-per-share. The result is then expressed in percentage terms.
For instance, Royal Bank (TSX:RY) paid its common shareholders $2.98 per share in dividends over the last 12 months and closed trading on June 22, 2015 at $77.40 per share. Its dividend yield that evening was 2.98 divided by 77.40 times 100%, which rounds to 3.85%. This figure is properly referred to as a trailing dividend yield because it uses historical dividend payments.
However, it is more popular to quote a stock’s indicated dividend yield which uses the current dividend rate instead of the historical one…
Today I’m going to focus on some of the most popular ways of calculating a stock’s dividend yield in an effort to guide you through a small part of the morass.
Simply stated, a stock’s dividend yield is calculated by taking its dividend-per-share and then dividing it by its price-per-share. The result is then expressed in percentage terms.
For instance, Royal Bank (TSX:RY) paid its common shareholders $2.98 per share in dividends over the last 12 months and closed trading on June 22, 2015 at $77.40 per share. Its dividend yield that evening was 2.98 divided by 77.40 times 100%, which rounds to 3.85%. This figure is properly referred to as a trailing dividend yield because it uses historical dividend payments.
However, it is more popular to quote a stock’s indicated dividend yield which uses the current dividend rate instead of the historical one…
Bank of Canada takes aim at Dodd-Frank, calls for more financial integration with U.S.
– theglobeandmail.com
Called for the possible adoption of a bilateral agreement to clarify responsibilities in winding up failed banks
RBC said in advanced talks to sell Swiss unit to Banque Syz
– theglobeandmail.com
The Geneva-based business has about $10.6-billion of client assets under management
Mogo Finance under pressure in trading debut
– theglobeandmail.com
Shares in the online lender down from IPO price
More than 500 of Milowe Brost and Gary Sorenson’s Ponzi scheme victims have sent statements to the prosecution detailing their emotional and financial hardships.
