Security is common stock which represents on the part of a corporation to pay periodically whatever its board of directors deems appropriate as a cash dividend. Although the amount of cash dividend to be paid during the next year is subject to some uncertainity it is generally relatively east to accurately predict. However, amount for which a stock can be bought or sold varies considerably, making the annual return difficult to accurately predict. Return from a portfolio of stocks (currently 500 firms) selected by standard & poors corporations to represent the average performance of large well established common stocks.
No comments:
Post a Comment