How to account for stock dividend in dividend yield?
A company - currently trading at Rs100/share (with a par value of Rs10 ) -last year paid Rs 5 as dividend. Constant payment ( i.e. coming year also payment Rs5). Every year, company is also giving stock dividend of 10% i.e. 1 bonus share for every 10 shares held. ( Wishful thinking in these times, huh )
You are in middle of year .... just tabulating several stocks on their dividend yield ranking..... what % dividend yield you would give to this company??
A company - currently trading at Rs100/share (with a par value of Rs10 ) -last year paid Rs 5 as dividend. Constant payment ( i.e. coming year also payment Rs5). Every year, company is also giving stock dividend of 10% i.e. 1 bonus share for every 10 shares held. ( Wishful thinking in these times, huh )
You are in middle of year .... just tabulating several stocks on their dividend yield ranking..... what % dividend yield you would give to this company??