IN PLAIN ENGLISH
The last twelve months of dividends actually paid, divided by today's share price.
WHERE YOU MEET IT
The app's own income figures — Annual Dividend, yield on cost, income target progress — look back twelve months the same way, and so does a fund's Yield column (marked TTM).
WATCH OUT FOR
It's fact, not forecast: it can include a one-off special, or miss a raise that's just been announced.
EXPLAINED IN
Educational content only. It is not personal financial advice.