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I see on https://www.dividend.com/dividend-stocks/uncategorized/other/vwo-vanguard-emerging-markets-etf/ (mirror):

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Why does dividend.com say that the VWO ETF have a dividend yield of 5.22%?

When I compute the dividend yield myself using the typical formula

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I get (0.5186 + 0.2792 + 0.0816 + 0.2591)/39.77=2.8627% (I compute the Trailing 12 Months (TTM) yield), which is far lower than 5.22%.

https://seekingalpha.com/symbol/VWO/dividends/yield displays a dividend yield similar to the one I computed:

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while displaying on https://seekingalpha.com/symbol/VWO/dividends/history the same dividend history as https://www.dividend.com/dividend-stocks/uncategorized/other/vwo-vanguard-emerging-markets-etf/ (mirror):

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https://www.google.com/search?q=vwo also shows a dividend yield of about 2.87%:

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  • Is it possible that website is averaging across the dividend payments across the lifetime of the stock? There was a split in VWO in 2008-- are they double counting dividends as a result maybe? – Dugan Oct 2 '19 at 15:46
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It appears they're taking the last dividend payment ($0.5186) divided by the current price ($39.77) and annualizing it:

(0.5186 / 39.77) * 4 = 5.22%

Although, even their help page on dividend yield says not to use quarterly dividends:

The dividend yield is calculated using the annual yield (every regular payout paid that year). It is not calculated by using quarterly, semi annual or monthly payouts.

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