06-05-2014, 06:53 PM
(06-05-2014, 08:19 AM)EricL Wrote: 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
Yes, that sounds good.
There are people who use up their entire lives making money so they can enjoy the lives they have entirely used up
Frederick Buechner
Frederick Buechner