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Anonymous
For example people always say the S&P 500 gains 10% on average, is the 10% consisting of both Capital Gains and Dividend Yields for the year? thanks.
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Aidan Neo
18 Aug 2020
Financial Services Consultant at Manulife Financial Advisers
By default, the % gain should take reference of their current position so I would say excluding dividend yield unless the dividends were reinvested automatically. Usually, total return (capital gain + dividend yield) require separate calculation.
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Duane Cheng
18 Aug 2020
Financial Consultant at Prudential Assurance Company Singapore
Hi there,
Usually it's in relation to when they purchased their position, with relation to capital ...
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Here my silly answer:
this really depends on the person or company that calculates/publishes the answer and it should then be stated whether the dividends are included
also f.ex for the indices there are 2 types:
price index (only stock price) versus total return index (including also the dividends)
of course total returns should be the more important number