Fonterra Shareholders Fund Dividend yield
What is the Dividend yield of Fonterra Shareholders Fund?
The Dividend yield of Fonterra Shareholders Fund is 13.29%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Finance sector on ASX compared to Fonterra Shareholders Fund
What does Fonterra Shareholders Fund do?
Fonterra Shareholders Fund is a unit trust. The fund is based in Auckland, New Zealand.
Companies with dividend yield similar to Fonterra Shareholders Fund
- Neuberger Berman High Yield Strategies Fund has Dividend yield of 13.15%
- GME has Dividend yield of 13.16%
- B & S International has Dividend yield of 13.16%
- Kinetic Mines and has Dividend yield of 13.16%
- North American 15 Split has Dividend yield of 13.18%
- Allied Properties Real Estate Investment Trust has Dividend yield of 13.20%
- Fonterra Shareholders Fund has Dividend yield of 13.29%
- Walgreens Boots Alliance Inc has Dividend yield of 13.30%
- Medical Properties Trust Inc has Dividend yield of 13.33%
- Western Asset High Income Fund II Inc has Dividend yield of 13.36%
- Avis Budget Inc has Dividend yield of 13.42%
- Apollo Commercial Real Estate Finance Inc has Dividend yield of 13.42%
- Blackstone Mortgage Trust Inc has Dividend yield of 13.43%