<?xml version="1.0" encoding="UTF-8"?>				<article id="239149525"><artname>Dividend Yield Reported in a Stock Table</artname><p>The <b>YLD</b> column in a <glossary def="The information provided in the financial pages of newspapers, including prices, dividends, price/earnings ratios, highs, and lows. There are tables for the New York Stock Exchange, the American Stock Exchange, the NASDAQ, closed-end mutual funds, and more." primary="Stock Tables">stock table</glossary> approximates the <glossary def="A comparative measure of a mutual fund's past-year income distributions divided by its current public offering price, expressed as a percentage." primary="Dividend Yield">dividend yield</glossary>. </p><image file="1517411421_1_sm.gif" align="center" alt="Example Stock Table" /><p>The dividend yield is the current <glossary def="The earnings on securities or other investments, whether they are dividends or interest, realization of profits or receipts, income, or some other source." primary="Return">return</glossary> on invested <glossary def="1. Wealth in the form of cash or property that can be used to earn income. 2. The net worth of a business, which is the amount by which its assets are greater than its liabilities. 3. What one owns free and clear." primary="Capital">capital</glossary>. We can use it to compare <glossary def="1. A portion of earnings paid to the owners of a credit union.  The board of directors decides what the dividend rate, or percentage, will be. 2. Corporate earnings paid out to shareholders. Dividends may come from company profits, interest on securities (bonds, stocks, etc.) that the company holds, the sales of securities held by the company (capital gains dividends), etc. " primary="Dividend">dividend</glossary> returns for firms that have different <glossary def="Portion of a company's capital owned by a party and represented by the number of shares possessed. Stock represents equity in a company. There are many types of stock--for example, blue-chip, common, preferred, and growth." primary="Stock">stock</glossary> prices. We derive the dividend yield by dividing the current dividend by the closing stock price. In our case, the dividend yield is 1.86 percent, calculated as follows:</p><image file="1517411421_2_sm.gif" align="center" alt="Calculation of Dividend Yield" /><p>The dividend yield is important to investors who want to determine how much current <glossary def="The monetary return on one's labor or investments. Income may be wages, salaries, bonuses, dividends, or interest." primary="Income">income</glossary> they might expect from an <glossary def="The purchase of a potentially appreciable asset such as a stock, a bond, a property, or a unit of production. The purchase provides funds for the growth of businesses and governments." primary="Investment">investment</glossary>.</p></article>	