Can someone please help me understand how NZX arrives at gross dividend yield for IPL of 5.635%?
By my calculations it should be (1.975*4)+.331+.338+.307+.365=9.241/1.69 = 5.468%
Can someone please help me understand how NZX arrives at gross dividend yield for IPL of 5.635%?
By my calculations it should be (1.975*4)+.331+.338+.307+.365=9.241/1.69 = 5.468%
Calculated from previous days closing.
9.241/1.64=5.635%
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