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Dividends

Dividend Yield

A stock's annual dividend as a percentage of its share price.

What it means

Dividend yield tells you the cash income a stock pays relative to its price. It is the headline number for income investors, but a very high yield can be a warning sign that the market expects a dividend cut.

Formula

Dividend Yield = (Annual Dividend Per Share ÷ Share Price) × 100

Example

A $100 stock paying $4 per year in dividends yields 4%.

What is a good Dividend Yield?

Broad-market yields sit around 1 to 2%. Solid dividend payers often yield 2 to 5%. Yields above 8% deserve scrutiny, as they are frequently a sign of a falling price or an unsustainable payout.

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