Tisco in 153.00 can we calculate the Dividend yield,it is going to be better than Bank FD s in coming weeks.
thing i don't like about dividend yield is that the formula compares dividend already declared in past with cmp...
but, if fundamentals of the economy is changing / has changed, then maintenance of that certain level of profit also comes in doubt...
hence, dividend is directly affected....
so, dividend yield does not represent the future picture correctly...