FMP
Horizons Cdn High Dividend Index ETF
HXH.TO
TSX
The funds underlying index is designed to measure the performance of high-dividend Canadian companies or REITs with significant anticipated yield. Selection of index constituents is determined on minimum size and dividend-paying requirements, and based upon three equally represented sectors: financials, energy and a diversified sector. Eligible securities are ranked based on their anticipated cash dividend yield to select the top 40 index constituents. Then, in order to determine the weight of each security within each sector, securities are market-cap-weighted.
54 CAD
0.26 (0.481%)
EBIT (Operating profit)(Operating income)(Operating earning) = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) EBIT = (1*) (2*) -> operating process (leverage -> interest -> EBT -> tax -> net Income) EBITDA = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) + Depreciation + amortization EBITA = (1*) (2*) (3*) (4*) company's CURRENT operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow) -> performance of a company (1*) discounting the effects of interest payments from different forms of financing (by ignoring interest payments), (2*) political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill) (3*) collections of assets (by ignoring depreciation of assets) (4*) different takeover histories (by ignoring amortization often stemming from goodwill)
