A geological engineer has the job of designing mines to remove minerals (like metals and coal) in a safe and efficient way to use in utilities and manufacturing. These engineers also draw up technical reports for other engineers, managers, and miners.
DISCRETE DIVIDENDS IN EQUITY DERIVATIVES. One of the complications in equity derivative modelling is how to treat dividends. One of the complications in equity derivative modelling is how to treat dividends. On dividend payout, or ex div, dates, the underlying spot drops by the dividend amount, ignoring tax. This introduces discrete deterministic jumps into the geometric Brownian process assumed within the Black-Scholes framework. The underlying stochastic process in the presence of discrete dividend can be expressed as:
DEFINITION of 'Dividend Per Share-DPS'. The the sum of declared dividends for every ordinary share issued. Dividend per share (DPS) is the total dividends paid out over an entire year (including interim dividends but not including special dividends) divided by the number of outstanding ordinary shares issued. DPS can be calculated by using the following formula: