Dividend yield

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Dividend yield is either the end-of-period dividend divided by the beginning-of-period price or as the ratio of the current dividend to the current price. Valuation formulas use the former definition.


Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Dividend yield. Defined as either the end-of-period dividend divided by the beginning-of-period price or as the ratio of the current dividend to the current price. Valuation formulas use the former definition.

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