Dividend yield

Dividend yield — a stock’s annual dividends per share divided by its price: a ₱280 stock paying ₱14/yr yields 5%. It is the equity version of lesson 0.1’s MRR lens (₱1M at 5% ≈ ₱3,750/month net of the 10% dividend tax). Handle with care at extremes: a very high yield is often the market pricing in a dividend cut — the yield-trap anatomy Level 2 dissects.

First used in: 1.7 · PSE mechanics: first shares, first REIT