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Dividends paid(given total shareholder return, share price at end of period and Share price at beginning of period )
Formula
D
dividends paid
TSR
total shareholder return
Pe
share price at end of period
Pb
share price at beginning of period
Formula description
Total Shareholder Return (TSR) is a concept used to compare the performance of different companies stocks and shares over time. It combines share price appreciation and dividends paid to show the total return to the shareholder.