Hello
I joined a few years ago hoping to learn about shares but never got around to doing anything but I'm back....... What I want to know is:
If I buy $1000 in share abc at $30 a share I get 33 shares and dividend yield is 5. And if I buy $1000 of share xyz at $80 a share I get 12 shares and dividend yield is also 5. Do I get the same amount of cash dividend for abc 30 shares as xyz 12 shares as I have invested the same amount of money in each company.
I joined a few years ago hoping to learn about shares but never got around to doing anything but I'm back....... What I want to know is:
If I buy $1000 in share abc at $30 a share I get 33 shares and dividend yield is 5. And if I buy $1000 of share xyz at $80 a share I get 12 shares and dividend yield is also 5. Do I get the same amount of cash dividend for abc 30 shares as xyz 12 shares as I have invested the same amount of money in each company.
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