The yield is correct when looking at the trailing twelve months of dividend payments. We are unable to calculate a forward yield for companies like this because they pay inconsistent dividend payments. In other words, just because they paid 0.3075 last quarter, does not mean they will do so for the next 4 quarters. In such cases, it's safer to look at the actual payments over the last 12 months.
Hi,
The yield is correct when looking at the trailing twelve months of dividend payments. We are unable to calculate a forward yield for companies like this because they pay inconsistent dividend payments. In other words, just because they paid 0.3075 last quarter, does not mean they will do so for the next 4 quarters. In such cases, it's safer to look at the actual payments over the last 12 months.
Thanks,
Daniel Hochman
Director of Product, Seeking Alpha