I would like to know related to the projected dividend yield.
May i know what price will it be used to compute the projected dividend yield ? Will the system take the closing price every day and then re-compute the projected dividend yield
How about the past dividend yield ? What price will it be used to compute the past dividend yield ?
Taking an example of BUOU (FLT) : the first projected dividend is $0.0105 . The closing price as of 28 Apr 2019 was $1.18 . so the projected dividend yield was $0.0105/$1.18 = 0.89% (rounded up) .
It means that the projected dividend yield is calculated dynamically every working day depends on the closing price