MKK Dividend Diffusion Index

EXPLANATIONS:

• MKK Dividend Payout Index measures the nominal change in total dividend payments of companies traded on BIST Equity Market.


• MKK Dividend Diffusion Index demonstrates the ratio of BIST Equity Market companies that paid cash dividends.


• Dividend Payout Ratio shows the total dividend/profit percentage of BIST Equity Market companies.


• Dividend Per Share ratio shows the total dividend distributed by BIST Equity Market companies in proportion to their capital.  


• The MKK Dividend Index and ratios are calculated each year based on the dividends paid in the previous year and announced on the 10th business day of February.


• All companies traded on the BIST Equity Market, whose year-end financial report for the year in which dividend distribution is made is published on KAP system are included in the calculations, regardless of market segment.


• In the calculations, the gross amounts of cash dividends paid by companies are taken into account.


• In the Dividend Payout Index, when there is a difference between companies included in the calculation period and the comparison period, the positive/negative effect of the dividends of the companies on the total dividends of the period is eliminated by correcting the base value and the continuity of the index is ensured.


• Since collection of analyzable data in Extensible Business Reporting Language (XBRL) format in KAP system was started in 2016-Q2, the starting period of the index was determined as end of 2017, which is the first period that can be associated with the 2016 year-end profits, and the base value for the Dividend Payment Index is the total dividends paid in 2017 for 2016, and the starting value is 100.


• Click here for the methodology document regarding the calculations.

DISCLAIMER NOTICE:

• The information contained herein is prepared for general information purposes and its completeness, accuracy and timeliness cannot be guaranteed. Generally accepted approaches have been used in the calculations and when compared with different sources, different results may be seen from the information contained herein. Although the data used has been compiled from sources supported by scientific studies, the accuracy of the calculated variables cannot be guaranteed. MKK is not responsible for any errors and deficiencies that may occur due to differences in technological and mathematical preferences in the calculations.


• The results of the calculations to be made should not be interpreted as a recommendation to buy or sell any investment instrument or a promise of return. Making an investment decision based on these results may not produce results that are in line with your expectations. MKK is not responsible in any way for any direct and/or indirect losses that investors and third parties may suffer as a result of the use of the information due to any errors/omissions in the use of the data.