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current yield

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current yield

–noun
the ratio of the annual interest or dividend to the actual market price of a bond or stock.
Also called current return.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

Current Yield

Annual income (interest or dividends) divided by the current price of the security.

Investopedia Commentary

For stocks this is also referred to as the dividend yield.

See also: Dividend Yield, Effective Yield, Net Income, Yield

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Financial Dictionary

current yield

The annual rate of return received from an investment, based on the income received during a year compared with the investment's current market price. For example, a bond selling at $800 and paying an annual interest of $80 provides a current yield of $80/$800, or 10%. Also called rate of return, running yield.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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