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Posted by Elle on June 2, 2008, 9:12 pm
> Motorola, for example, shows a 20 cent per year dividend.
> The fact that yahoo will do the math for you and say it's
> 2.1% of the current price means little.
Little caveat for the newbie finance.yahoo users: The
dividend yield
shown can be highly misleading. This is especially so for
stocks that do not pay dividends four times a year. For
example, AIB. It has been paying a dividend twice a year for
some time now, with about 2/3rds paid in the first part of
the year and 1/3 paid in the second part. finance.yahoo's
summary page misleadingly just doubles the most recent
dividend.
Re dividends and splits: I agree with Joetaxpayer. I wonder
if the problem is that "Tex Shalter" was using
finance.yahoo's historical prices page and did not realize
that the dividends shown have already taken into account
splits.
It's best to go to a company's web site and just search for
dividend history.
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