MPL 0.00% $2.33 medibank private limited

Dividend Amount Calculation

  1. 42 Posts.
    Hi Guys,

    Just trying to estimate what the dollar value of the dividends (to be paid in Aug / Sept) this year. I know that there will be are still a number of variables but just after the calculation method if someone could help.

    Assuming I hold 3,000 MPL shares and the price is $2.20 at the time of dividend announcement.

    If they are predicting a Dividend Yield of 4% would I calculate the cash amount (not taking into account franking) as follows:

    Dividend = (0.04 x $2.20 x 3000)

    Thanks for your assistance.

    Toro
 
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