The portion of the issuer’s equity paid directly to shareholders. It is generally paid on common or preferred shares. The issuer or its representative provides the amount, frequency (monthly, quarterly, semi-annually, or annually), payable date, and record date. The exchange that the issue is listed on sets the ex-dividend/distribution (ex-d) date for entitlement. An issuer is under no legal obligation to pay either preferred or common dividends.
Archives
Dividend Yield
Total of 12-month’s dividends paid (historical or forecast) divided by the latest share price.
Dividend/Distribution Payable Date
The date set by the issuer on which the dividend/distribution will be paid.
Day Order
An order that is valid only for the day it is entered. If the order is still outstanding when the market closes, it will be purged overnight.
Days Sales Outstanding
A measure of accounts receivables compared to sales. Higher DSOs means a company’s receivables as a percentage of sales have increased, not a good sign.
Debenture
A long-term debt instrument issued by corporations or governments that is backed only by the integrity of the borrower, not by collateral. A debenture is unsecured and subordinate to secured debt. A debenture is unsecured in that there are no liens or pledges on specific assets.
Debt Price
The price paid per $100 of a debt instrument’s face value traded. A debt instrument trading at par would have a price of $100. A price below face value (for example, $99.1) indicates that the debt instrument has traded at a discount. A price above face value (for example, $101.1) indicates that the debt instrument has traded at a premium.
Debt to Equity (Long Term)
Total long term debt divided by total shareholder equity.
Debt to Equity (Total)
Total (short and long term) debt divided by total shareholder equity.
Debt Value
The total dollar value of volume traded on one side of the transaction for a specified period. It equals price multiplied by volume divided by 100.