Brocade Communications Systems Dividend Yield: 0.00%
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BRCD Dividend Yield Rankings
| Overall | 57th percentile | 1971 of 4678 |
| Sector | 77th percentile | 195 of 877 in Technology |
| Industry | 77th percentile | 4 of 18 in Data Storage Devices |
BRCD Dividend Yield Range, Past 5 Years
| Minimum | 0.00% | Jan 2006 |
| Maximum | 0.00% | Jan 2006 |
| Average | 0.00% |
About Dividend Yield
The dividend yield is the sum company's annual dividends per share, divided by the current price per share. It is often expressed as a percentage. It the reciprocal of the price/dividend ratio. By investing in a company with a high dividend yield, investors can secure a relatively stable cash flow. However, it is important to note that sometimes dividend yields are high when a company is facing financial trouble, and the company may cut the dividend in the near future.
For example, if a stock trades at $36 and pays $1.80 in dividends over the course of one year ($.45 per quarter), the company's dividend yield is 5%.
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