What? The value of the stock isn’t based on the dividend yield. Dividends are just some of the money of the company being paid out, the value of the company dec

What? The value of the stock isn’t based on the dividend yield. Dividends are just some of the money of the company being paid out, the value of the company decreases by that amount. The company can declare literally any amount they want to pay out at any time, and it will be the same company either way, with the same underlying value.