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Replies to #31555 on Cycle Trading
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jaws57

07/02/24 8:40 AM

#31559 RE: Duma #31555

We figure differently. I use the closing price of the exdiv date. All the ETFs except GSY that would be the 1st of month or if 1st is on weekend then 1st trading day.
GSY's Exdiv is the Monday following the third Friday of each month. My figures are all simple math .... no compounding.
CY=Current Yield= div/closing price*12
3mo=last 3 months of dividends plus the price change over 3 months *4 to get annual rate.
I dont have an YTD figure. 5.88% was CY. Div0.249398/50.86*12=5.88

The current yield is a good indicator of trend. If CY is less than 3mo rolling then rolling ave will most likely drop or keep dropping.
I used to do a 4 month rolling ave but switched to 3mo which I believe more in tune to what current payout is.

Before making a decision on ETF, I like to use SC and compare all 6 ETFs 3m,2m,1m,2w,1w
CMA compare