06-05-2014, 08:19 AM
Personally, for projected dividend yield I just take the currently declared dividend rate, multiply it by four (if paid quarterly), then dividend by share price.
For projected income, I take declared dividend rate, take it times four, then multiply by my current number of shares.
For example, on the Dividend Announcement Thread, I have posted a spreadsheet where I track recently announced dividend increases.
Taking Deere (DE) for example:
Deere announced an increase in the quarterly dividend to $0.60 per share. If I owned 50 shares of Deere stock, at the current share price of $90.84, the calculations would look like this.
Projected Dividend Yield
Projected Yield = (4) X ($0.60) / ($90.84) X 100% = 2.64%
Projected Dividend Income
Income = (4) X ($0.60) X (50) = $120
For projected income, I take declared dividend rate, take it times four, then multiply by my current number of shares.
For example, on the Dividend Announcement Thread, I have posted a spreadsheet where I track recently announced dividend increases.
Taking Deere (DE) for example:
Deere announced an increase in the quarterly dividend to $0.60 per share. If I owned 50 shares of Deere stock, at the current share price of $90.84, the calculations would look like this.
Projected Dividend Yield
Projected Yield = (4) X ($0.60) / ($90.84) X 100% = 2.64%
Projected Dividend Income
Income = (4) X ($0.60) X (50) = $120