Dividend(%) vs Dividend Yield(%)

itrade · February 7, 2016, 9:35am

Hi, for beginner I am trying to understand Div(%) vs Div Yield(%). Can anyone explain with good example and how it works?

Today ABIRLANUVO says Div(%) = 70% and Div Yield = 0.83% what that means?

Also, what is Record date and Ex date?

Thanks.

siva · February 9, 2016, 11:31am

In the case of ABIRLANUVO it has announced 7 rs per share as dividend.

Div (%) of 70% is calculated on face value of share which is 10 Rs for ABIRLANUVO. 7/10=70%

Div yield is calculated on current market price. On share market price of 840 on that day it is .83%. 7/840=0.83%.

On Record date and Ex date go through the below link.