RE:RE:RE:RE:RE:RE:New 52 week low tomorrow?sorry guys, but the lack of basic knowledge in this thread is breathtaking
it works like this
Diversified calculates a payout based on the anticipated annual revenue stream from their companies, lets say that payout is $0.10 per year, that's ten cents per share per year, or about 4-6% of the restuarant revenue, and when that calculation is made the share price is $2.00 so the yield is 5%
a couple of monhs later the stock falls to $1.00 and now the yield is 10%, but geuss what the payout is still $0.16 per year or how about that!! 4-6% of restaurant revenue
thats how 4-6% of revenue gets a 10% yield
Turtl3