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Yield
Yield is the annual income earned from an investment, usually expressed as a percentage.  For stocks, it is the annual dividend received divided by the purchase price.  For bonds, it is the coupon interest rate divided by the price of the bond. Yield does not include capital gains on the investment.

 

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www.crossroadscapitalmgmt.com                     pjjalbert@crossroadscapitalmgmt.com