Index Dividend
= Share Dividend * Shares in Index / Index Divisor *.
Not exact matches
Bought in 2012 at $ 37 /
share and annual dividend of $ 1.44 2015 share price of $ 79 / share and annual dividend of $ 1.84 Share price capital gain = 113 %, Total dividend growth = 27.7 % Prune Ratio: 113 / 27.7 =
share and annual
dividend of $ 1.44 2015
share price of $ 79 / share and annual dividend of $ 1.84 Share price capital gain = 113 %, Total dividend growth = 27.7 % Prune Ratio: 113 / 27.7 =
share price of $ 79 /
share and annual dividend of $ 1.84 Share price capital gain = 113 %, Total dividend growth = 27.7 % Prune Ratio: 113 / 27.7 =
share and annual
dividend of $ 1.84
Share price capital gain = 113 %, Total dividend growth = 27.7 % Prune Ratio: 113 / 27.7 =
Share price capital gain
= 113 %, Total
dividend growth
= 27.7 % Prune Ratio: 113 / 27.7
= 4.03
Bought in 2013 at $ 77 /
share and annual dividend of $ 2.40 2015 share price of $ 80 / share and annual dividend of $ 2.65 Share price total return = 3 %, Total Dividend Growth = 10.4 % Prune Ratio: 3 / 10.4 =
share and annual
dividend of $ 2.40 2015 share price of $ 80 / share and annual dividend of $ 2.65 Share price total return = 3 %, Total Dividend Growth = 10.4 % Prune Ratio: 3 / 10.
dividend of $ 2.40 2015
share price of $ 80 / share and annual dividend of $ 2.65 Share price total return = 3 %, Total Dividend Growth = 10.4 % Prune Ratio: 3 / 10.4 =
share price of $ 80 /
share and annual dividend of $ 2.65 Share price total return = 3 %, Total Dividend Growth = 10.4 % Prune Ratio: 3 / 10.4 =
share and annual
dividend of $ 2.65 Share price total return = 3 %, Total Dividend Growth = 10.4 % Prune Ratio: 3 / 10.
dividend of $ 2.65
Share price total return = 3 %, Total Dividend Growth = 10.4 % Prune Ratio: 3 / 10.4 =
Share price total return
= 3 %, Total
Dividend Growth = 10.4 % Prune Ratio: 3 / 10.
Dividend Growth
= 10.4 % Prune Ratio: 3 / 10.4
= 0.28
Where: D
= Expected
dividend per
share one year from now k
= Required rate of return for equity investor G
= Growth rate in
dividends (in perpetuity)
Bought in 2011 at $ 12.22 /
share and annual dividend of $ 0.63 2015 share price at $ 16.44 / share and annual dividend of $ 0.67 Share price capital gain = 32 %, Total dividend growth = 6.9 % Prune Ratio: 32 / 6.9 =
share and annual
dividend of $ 0.63 2015
share price at $ 16.44 / share and annual dividend of $ 0.67 Share price capital gain = 32 %, Total dividend growth = 6.9 % Prune Ratio: 32 / 6.9 =
share price at $ 16.44 /
share and annual dividend of $ 0.67 Share price capital gain = 32 %, Total dividend growth = 6.9 % Prune Ratio: 32 / 6.9 =
share and annual
dividend of $ 0.67
Share price capital gain = 32 %, Total dividend growth = 6.9 % Prune Ratio: 32 / 6.9 =
Share price capital gain
= 32 %, Total
dividend growth
= 6.9 % Prune Ratio: 32 / 6.9
= 4.63
An investor that owns 100
shares of the company will receive $ 0.35 x 100
= $ 35 on the
dividend payment date in August.
During the year those 1500
shares would have paid out $ 372 in
dividends, and at the end of the year they would be worth $ 14.26 * 1500
= $ 21390.
If these companies continue these policies at the same rates and continue to earn 10 % of their value during Year 2, investors holding
shares of ABC will see even greater
dividend payouts, earning $ 10.50 per
share ($ 1.05 B x 10 %
= $ 105M, $ 105M / 2
= $ 52.5 M, $ 52.5 M / 5M
= $ 10.50) at the end of Year 2 for a
dividend yield of 10.5 %.
The shareholder yield tested by Mebane Faber is also worth mentioning (
Dividend yield + Percentage of
Shares Repurchased + Net debt repaid yield) Net Debt Repaid Yield
= Change in total debt / Market Value of the company
They write, «MSFT's closing price on 7/12/10: $ 24.83, so assuming $ 2.40 /
share of FY 2011 earnings (midpoint of analysts» estimates and our own), plus $ 4
share in cash, here are possible stock prices and returns (plus there's a 2.1 %
dividend): 10x multiple
= $ 28 stock
= 13 % return.
Value of a stock
= Next Year's Expected Annual
Dividend Per
Share / (Rate of Return — Expected
Dividend Growth Rate)
If, on the other hand, the stock was trading at a lower price, such as $ 25, the
dividend yield would increase ($ 5
dividend ÷ $ 25
share price
= 20 %
dividend yield).
The formula is Earnings Payout Ratio
= Dividends per
Share / Earnings per
Share.
If you count the effect of
dividends, someone that purchased the stock at $ 40 during the last slide would be up to: $ 50 in
share price + $ 24.54 in cash
dividends = $ 74.54 total.