1.   Also, utility stocks with their ample dividend yields tend to attract investor attention when rates are low elsewhere.

2.   So returns will be more stable on a share with a higher dividend yield, other things being equal.

3.   That tendency, plus the high dividend yields, usually produces a strong performance.

4.   You calculate the dividend yield by dividing the annual dividend by the Market price of a stock.

5.   These summary measures are earnings per share, the price-earnings ratio and the dividend yield.

6.   This is the net dividend yield because the firm has already paid corporation tax on its earnings.

7.   To make comparisons with other securities, the dividend yield on shares is generally quoted gross.

8.   This shows that, in equilibrium, the required or expected rate of return is equal to the dividend yield plus the growth rate.