Total of 12-month’s dividends paid (historical or forecast) divided by the latest share price.
Archives
Investment Capital
Initial investment capital necessary for starting a business. Investment capital usually consists of inventory, equipment, pre-opening expenses and leaseholds.
Head & Shoulders Pattern
This is a reversal signature pattern. It can be either negative (typical head and shoulders), or positive (inverted head and shoulders). A head and shoulders pattern is one of the more common and reliable patterns. It is comprised of a rally which ends a fairly extensive advance. It is followed by a reaction on less volume. This is the left shoulder. The head is comprised of a rally up on high volume exceeding the price of the previous rally. And the head is comprised of a reaction down to the previous bottom on light volume. The right shoulder is comprised of a rally up which fails to exceed the height of the head. It is then followed by a reaction down. If the right shoulder does not reach the height of the left shoulder, this indicates that the fall could be even more severe. This last reaction down should break a horizontal line drawn along the bottoms of the previous lows from the left shoulder and head. This is the point in which the major decline begins. The major difference between a head and shoulder top and bottom is that the bottom should have a large burst of activity on the breakout.
Investment Advisor
A person employed by an investment dealer who provides investment advice to clients and executes trades on their behalf in securities and other investment products.
Averaging Down
Buying more of a security at a price that is lower than the price paid for the initial investment. The aim of averaging down is to reduce the average cost per unit of the investment.
Hypothecation
Pledging of assets as collateral.
Dividend/Distribution Payable Date
The date set by the issuer on which the dividend/distribution will be paid.
Investment Counsellor
A specialist in the investment industry paid by fee to provide advice and research to investors with large accounts.
Investment Bank
An organization, usually a stock brokerage firm, involved in taking a new company public (IPO), consulting on mergers and acquisitions, handling corporate borrowing, etc.
Back-End Load
Sales charge paid when selling a mutual fund (a.k.a. deferred load).