PUZZLING DIVIDEND FIGURES
Two myths of business are that 1) figures are all hard, and 2) marketing data is all soft. Not so.
Just look at some figures in the 19 September issue of Finweek.
I noticed that your feature titled Sasol to focus on home operations refers to a dividend yield of 4%. By page eight of the FinFund supplement the lads from Omigsa – no relation to Obama, but perhaps to Omsa – tell us that the figure is 4.9%, while the stats tables from McGregorBFA (page 60 of the supplement) say 3.05%. That’s already a considerable variation.
But wait, there’s more! Upon googling Sa Sasol, the dividend yield is stated as 2.17%, but with the letters TTM – not sure what that is, while DividendInvestor.com tells me the dividend yield is 6.50%.
So I have, I believe the term is ‘a spread’ from 2.17 to 6.50%, not insubstantial, to say the least.
Now, I am sure there’s a good answer, there always is, but it would be good to hear your views, Mr Editor.