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SA Corporate Forward Yield
12-month forward equity yield – house formula

Uses 6-monthly LDTs and distribution accrual to compute a clean share price and rolling 12-month forward DPS.

1. Price Input
2. Distributions
3. LDT Dates (6-Monthly Cycle)
Clean Share Price = Today's Share Price − ((Today's Date − Last LDT) / (Next LDT − Last LDT)) × Next Distribution.
Rolling 12M Forward DPS = Next Distribution × ((Next LDT − Today's Date) / (Next LDT − Last LDT)) + Next+1 Distribution + Next+2 Distribution × ((Today's Date − Last LDT) / (Next LDT − Last LDT)).
Forward Yield = Rolling 12M Forward DPS ÷ Clean Share Price.