Frequently Asked Questions

What are dividends?


Dividends are payments made by corporations to their shareholder members. Dividend is the portion of corporate profits paid out to stockholders. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be paid to the shareholders as a dividend.
Many corporations retain a portion of their earnings and pay the remainder as a dividend.
Dividends are usually settled on a cash basis, as a payment from the company to the shareholder. They can take other forms, such as store credits (common among retail consumers' cooperatives) and shares in the company (either newly-created shares or existing shares bought in the market).

Source: Wikipedia.com

What is dividend yield?


The dividend yield on a company stock is the company's annual dividend payments divided by its market cap, or the dividend per share divided by the price per share. It is often expressed as a percentage. Unlike preferred stock, there is no stipulated dividend for common stock. Instead, dividends paid to holders of common stock are set by management, usually in relation to the company's earnings.
There is no guarantee that future dividends will match past dividends or even be paid at all. Due to the difficulty in accurately forecasting future dividends, the most commonly-cited figure for dividend yield is the current yield which is calculated using the following formula:

Current Dividend Yield = Most recent Full-Year Dividend / Current Share Price

Source: Wikipedia.com

What is an Exchange Traded Fund (ETF)?


An exchange-traded fund (ETF), also known as an exchange-traded product (ETP), is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks or bonds and trades at approximately the same price as the net asset value of its underlying assets over the course of the trading day. Most ETFs track an index, such as the S&P 500 or MSCI EAFE.
ETFs may be attractive as investments because of their low costs, tax efficiency and stock-like features.

Source: Wikipedia.com

Go directly to the highest dividend yielding ETFs

What is an ISIN code?


An International Securities Identification Number (ISIN) uniquely identifies a security. Its structure is defined in ISO 6166. Securities for which ISINs are issued include bonds, commercial paper, equities and warrants. The ISIN code is a 12-character alpha-numerical code that does not contain information characterizing financial instruments but serves for uniform identification of a security at trading and settlement.
Securities with which ISINs can be used include debt securities, shares, options, derivatives and futures. The ISIN identifies the security, not the exchange (if any) on which it trades; it is not a ticker symbol.

An ISIN consists of three parts: Generally, a two letter country code, a nine character alpha-numeric national security identifier, and a single check digit. The country code is the ISO 3166-1 alpha-2 code for the country of issue, which is not necessarily the country in which the issuing company is domiciled. International securities cleared through Clearstream or Euroclear, which are Europe-wide, use "XS" as the country code. In some cases, there will be three letter for the country code: example: SINA: KYG814771047 quoted in the US but domiciliated in Great Cayman. The check digit disappears in that case.
The nine-digit security identifier is the National Securities Identifying Number, or NSIN, assigned by governing bodies in each country, known as the national numbering agency (NNA). The procedure for calculating ISIN check digits is similar to the "Modulus 10 Double Add Double" technique used in CUSIPs. To calculate the check digit, first convert any letters to numbers by adding their ordinal position in the alphabet to 9, such that A = 10 and M = 22. Starting with the right most digit, every other digit is multiplied by two. (For CUSIP check digits, these two steps are reversed.) The resulting string of digits (numbers greater than 9 becoming two separate digits) are added up. Subtract this sum from the smallest number ending with zero that is greater than or equal to it: this gives the check digit which is also known as the ten's complement of the sum modulo 10. That is, the resulting sum, including the check-digit, is a multiple of 10.

Source: Wikipedia.com

Where to look up ISIN codes?


ISINcodes.net

Links to stock exchanges


Argentina (IGBCBA and MERVAL 25) or go to the highest dividend yielding MERVAL stocks
Australia (ASX 50) or go to the highest dividend yielding ASX 50 stocks
Austria (ATX) or go to the highest dividend yielding ATX stocks
Belgium (BEL 20 and BELMID) or go to the highest dividend yielding BEL 20 or BELMID stocks
Brazil (BOVESPA) or go to the highest dividend yielding BOVESPA stocks
Canada (S&P/TSX 60) or go to the highest dividend yielding S&P/TSX 60 stocks
Chile (IPSA) or go to the highest dividend yielding IPSA stocks
Colombia (IGBC) or go to the highest dividend yielding IGBC stocks
Denmark (OMX Copenhagen 20) or go to the highest yielding OMX Copenhagen 20 stocks
Finland (OMX Helsinki 25) or go to the highest yielding OMX Helsinki 25 stocks
France (CAC 40) or go to the highest dividend yielding CAC 40 stocks
Germany (DAX 30 and MDAX) or go to the DAX 30 or MDAX stocks
Ghana (GSE) or go to the highest dividend yielding GSE stocks
Greece (GT 30) or go to the highest dividend yielding GT 30 stocks
Hong Kong (Hang Seng) or go to the highest dividend yielding Hang Seng stocks
Hungary (BUX and BUMIX) or go to the highest dividend yielding BUX and BUMIX stocks
India (NSE S&P CNX Nifty) or go to the highest dividend yielding S&P CNX Nifty stocks
Indonesia (LQ 45) or go to the highest dividend yielding LQ 45 stocks
Ireland (ISEQ 20) or go to the highest dividend yielding ISEQ 20 stocks
Israel (TA 25) or go to the highest dividend yielding TA 25 stocks
Italy (FTSE MIB) or go to the highest dividend yielding FTSE MIB stocks
Jamaica (JSE) or go to the highest dividend yielding Jamaican stocks
Korea (KODI) or go to the highest dividend yielding Korean stocks
Malaysia (FBM KLCI) or go to the highest dividend yielding KLCI stocks
Mexico (IPC) or go to the highest dividend yielding IPC stocks
Netherlands (AEX, AMX and AScX) or go to the highest yielding AEX, AMX or AScX stocks
New Zealand (NZX 50) or go to the highest dividend yielding NZX 50 stocks
Norway (OBX) or go to the highest dividend yielding OBX stocks
Pakistan (KSE 30) or go to the highest dividend yielding KSE 30 stocks
Philippines (PSEi) or go to the highest dividend yielding PSEi stocks
Portugal (PSI 20) or go to the highest dividend yielding PSI 20 stocks
Russia (MICEX) or go to the highest dividend yielding MICEX stocks
Singapore (Straits Times) or go to the highest dividend yielding Straits Times stocks
Spain (IBEX 35 and IBEX TOP Dividendo) or go to the highest dividend yielding IBEX 35 or IBEX TOP Dividendo stocks
South Africa (JSE) or go to the highest dividend yielding JSE stocks
Sweden (OMX Stockholm 30) or go to the highest yielding OMX Stockholm 30 stocks
Switzerland (SMI) or go to the highest dividend yielding SMI stocks
Turkey (GT 30) or go to the highest dividend yielding GT 30 stocks
United Kingdom (FTSE 100 and FTSE 350) or go to the highest dividend yielding FTSE 100 or FTSE 250 stocks
United States (Dow Jones Industrial and Transport Averages) or go to the DJIA or DJTA stocks

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