Dividends in Total Shareholder Return

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Dividends in Total Shareholder Return
Should in the formula "dividends" be read as "dividends per share at the beginning of the period" or with "dividends per share at the end of the period" to eliminate the ambiguity? Before possibly implementing this suggestion, would someone please clarify this matter for me now?

Dividends in TSR
Jaap de Jonge, CEO, Netherlands, Editor
Neither of the two suggestions you make are right, Bazil. Where it says "Dividends" in the formula, you can read "Dividends per share during the perio...Sign up

TSR is for a Particular Period
Balaji Keshav Mahashabde, Financial Consultant, United Arab Emirates, Member
TSR represents a ratio for a particular period (say increase in stock value during catender year 2009). Hence, for a shareholder, TSR would mean wh...Sign up


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