Stripped yield
Current yield with the accrued dividend taken out of the price, so issues compare at any point in the pay cycle.
Definition
Current yield with the accrued dividend taken out of the price. It removes the rise in price that builds between ex-dates, so issues can be compared on the same footing whatever the point in their pay cycle.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.