When it says a fund or investment trust has a yield of say 1.7% does this mean it's 1.7% of the total current value of the shares? Thanks. One fund I have pays this and it was quiet abit. But I also own Scottish mortgage investment trust and the dividence on this was smaller than 1.7% of the total value. Thanks for any insight
The dividend yield is the dividend per share and is expressed as dividend/price as a percentage of a company's share price, such as 2.5%.
