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100+% Yield?
simple_simon_5
Posts: 8 Forumite
I'm sort of confused to Why do some companies pay 100+% Yield. Example would be http://uk.finance.yahoo.com/q?s=INM&m=L&d=
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Comments
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A good question................................I have put my clock back....... Kcolc ym0
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a company doesn't pay a yield, it pays a dividend - the yield is dividend/price - the market determines the price, and thus the yield0
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The Yahoo calculation is based on the last dividend payments - the dividend has been axed since then, and the share price has lost some 95%.
ETA - it's always a good idea to read previous years' annual reports and recent RNSs; Yahoo and Digitallook and similar sources are not 100% accurate and can be very misleading.0
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