Preferred Share Yield Calculator
Preferred Share Yield: a planned Super Calculator tool. Covers par value (currency). Stub page: the tool, its formula and a worked example are not published.
Preferred Share Yield Calculator is a planned calculator in the finance section of Super Calculator, covering fixed income.
What this calculator will compute
Inputs: par value (currency), dividend rate (%), market price (currency), call date and price (currency), reset spread (basis points) and benchmark rate (%).
Outputs: current yield (%), yield to call (%), yield if not called (%) and reset income estimate (currency).
Formula, recorded as scope and not yet verified against a primary source: Current yield equals the annual dividend divided by price, and yield to call discounts to the call date at the call price. Fixed to floating issues reset to a benchmark plus a spread at the first call date, which changes the income stream entirely if not called.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.