Dividends is the amount of money the company distributes among its shareholders.
Using Dividends in scripting
Components supported: Scanner, Smart Checklist
You can use Dividends both "by date" and "by value".
This kind of data gives you a way for knowing things like "there's a Dividends report coming in 5 days" or "there was a Dividends report exactly 5 days ago".
The latter, Dividends "by value", gives you access to numbers like
Per share $ (the actual amount of cache distributed per one 1 common share) and
Yield% (annualized dividend yield as of date of a report).
NOTE ON YIELD: On TrendSpider,
Yield% is always "as of date of a report", which is different from "as of now". Here's an example of how it is calculated.
Annualized dividend: Current dividend multiplied by frequency (e.g in case of quarterly dividend, frequency is 4) Previous day's closing price: Previous business day of the declaration date Example: MSFT Announcement date: 2021-06-16 Dividend: 0.56 Frequency: 4 Annualised dividend: 0.56 * 4 = 2.24 Previous day: 2021-06-15 Previous day's closing price: 258.36 Dividend yield (as of declaration date) = 2.24/258.36 = 0.00867007 = 0.86%.