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- This topic has 9 replies, 3 voices, and was last updated 6 years ago by John Moffat.
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- March 24, 2015 at 5:24 am #238534
How can i get Share per price given the details of the following,
1. Earnings per share
2. Dividend per share
3. Turnover
4. Closing ex dividend share priceCan i obtained a share price from this information?, if yes show me how to. Thanks inadvance
March 24, 2015 at 7:10 am #238542I am puzzled by your question because “closing ex div share price” is the share price!
Maybe you have only typed part of the question?
March 24, 2015 at 7:53 am #238545I was confused with the question myself, but finally got it where i was wrong.
Some currency symbols could not be shown clearly, it was like dividend per share (c) = 40.0 and closing ex dividend share price ($)= 6.0 , so i failed to recognise the currency symbols and i was shocked how the dividend per share will be that high in real situation so i couldnt recognise that would be share price. Thanks for helping get where i was wrongMarch 24, 2015 at 9:44 am #238568I am pleased that you managed to sort it out 🙂
March 24, 2015 at 12:23 pm #238579Am stuck again, the question has given three different time periods, therefore year 2012,2013,2014, am suggesting that to get a dividend yield for the particular year eg 2014 i should use the “closing ex dividend share price” for year 2013 as a denominator, will this suggestion gives me the right answer? Or i should just use the closing ex dividend share price for the same year 2014?
March 24, 2015 at 5:08 pm #238601Usually, the dividend yield is calculated using the latest share price (which means in your case for 2014 using the price at the end of 2014).
March 24, 2015 at 8:16 pm #238618Am new to this and the subject is becoming more interesting here, after finishing all the calculations, i got these answers for 2013, dividend yield =4.67%, capital growth=12.8%, TSR =17.47% and for 2014, dividend yield = 6.17%, capital =-22.40% and TSR=-16.32%.
What could be the best comment on these figures from the same company
March 24, 2015 at 9:00 pm #238619On their own, the figures mean nothing. They are only useful when comparing from year to year, or when comparing with similar companies.
(And what do you mean by “TSR”? It is not something that is ever relevant for Paper F9!)February 14, 2018 at 6:57 am #437037Dear Mr Moffat,
Related to the dividend yield, I agree with you that usually the dividend yield is calculated on the current share price. Why was in June 2010 Qs 4 calculated on the share price at the end of the previous year?
Thanks
February 14, 2018 at 9:47 am #437120Strictly it should not have been, and the examiner did say afterwards that full marks would still be given if it was calculated on the closing share price.
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