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How do I calculate the dividend yield of a cryptocurrency investment?

avatarÑÄMÅÑ PÜRØHÏTDec 26, 2021 · 3 years ago1 answers

I'm interested in calculating the dividend yield of my cryptocurrency investment. Can you provide me with a step-by-step guide on how to do it?

How do I calculate the dividend yield of a cryptocurrency investment?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Calculating the dividend yield of a cryptocurrency investment can be done by following a few simple steps. First, find out the annual dividend payment of the cryptocurrency you're interested in. This information can usually be found on the project's website or in their official announcements. Once you have the annual dividend payment, divide it by the current price of the cryptocurrency. Finally, multiply the result by 100 to get the dividend yield percentage. Keep in mind that not all cryptocurrencies offer dividends, so make sure to research the specific cryptocurrency you're invested in to determine if it has a dividend program.