Dividend Yield %

Introduction

The dividend yield is the ratio of a company's annual dividend when compared with company's share price. The dividend yield is represented as a percentage terms.

Formula: Gross Dividend/ Index market capitalization *100

where

The equity dividends consisting of final, interim and any other special dividend reported by each index constituent on rolling 12 months basis (calculated based on ex. dividend date) are cumulated and adjusted for factors such as free-float, capping factor etc. depending upon the index methodology to arrive at the gross dividend; and

Index market capitalization of the Index constituents is the sum total of the outstanding equity shares or units considered for index computation multiplied by the close price of each index constituent adjusted for factors such as free-float, capping factor etc. depending upon the index methodology.