http://investlikeme.blogspot.com/2014/03...
1. Take (.94 x 4 quarters)/current stock price = annual % dividend
2. I have no idea what "forward" yield means.
3. Dividends are paid April 11 to shareholders of record as of March 27. This all has to do with the current quarter.
1) You need to know the current price of the stock to calculate the percentage.
The current price is $79.75. The dividend is quarterly (four quarters) so .94*4=3.76
Then take the ANNUAL dividend and divide that by the current stock price 3.76/79.75=.0471473 to turn into a percentage multiply by 100 = 4.71%
2) Not sure what you are asking, but see answer to 1 to show how this is calculated.
3) If you own the stock on March 27th and then sell on March 28th you will still get paid your dividend. The pay date will be April 11th.
If you sell the stock on March 26th you will not receive any dividend.
In other words, what does all of this mean? (three questions if you don't mind, and thank you, I am trying to learn about stocks and I know I could learn by reading books though this is something I am really curious about at the moment)
1. Philip Morris International Inc. (PM) declares $0.94/share quarterly dividend, in line with previous.
(how would I turn this into a percentage, it it can be done...)
2. Forward yield 4.73%
3. Payable April 11; for shareholders of record March 27; ex-div March 25.
(this one doesn't make since because I would think from March 27 to April 11 it is not a quarter... it is not three months)
Thank you ! Thanks you !
