Current yield
Definition
Annual distribution divided by the current price: the headline figure on a quote screen. It says nothing about a call, a maturity or a price far from par; for that, see yield to worst. Computed in the Current Yield calculator.
On a live record
C-N (Citigroup Capital XIII) carries a 10.707% coupon on $25 par. At $26.39 that dividend is a 10.14% current yield. Open the C-N record.
Written from the public record at the last refresh. Prices are 15 minutes delayed.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.