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History of dividend payment for stocks in the US stock market
Dividends are portion of corporate profits that a company decides to redistribute to its shareholders.
Depending on their dividend policy, some companies will pay dividend to their shareholders while others prefer to invest in their future growth.
This downloader gets dividend data from the yahoo finance website. It downloads history of dividend payment for stocks that trade in the US Stock market.
The dividend data is stored in a custom database whose name is 'dividend'.
This data can of course be accessed by the QuantShare language and thus be used in the screener, watch list, composite, rules, simulator...
One formula that I personally found it interesting is the following:
dividend = GetData("dividend","dividend",Zero);
a = BarsSince(dividend);
plot(a, "dividend", colorBlue,ChartLine,StyleOwnScale);
The barssince formula will let you know, for any bar, since how many bars the last dividend payment was made.
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