Dividend yield screening: know what the field measures first
Yield looks like a simple number, but it moves with both payout policy and price. Getting the definition straight is what makes the resulting list worth researching.
What the field contains
The dividend-yield field is announced payout relative to the current price, not a forecast of the next one. A symbol the provider has no value for is treated as not matching, rather than as 0%. Different markets are sourced from different providers, whose definitions and refresh cadence need not agree, so take care when comparing across them.
Which markets it covers
The field carries a value for Taiwan (listed and OTC), the US, Japan, China, and Europe. Korean equities and crypto have no such field, so they never appear in a yield-based screen. The built-in high-yield template is scoped to Taiwan listed and OTC names, but the screener itself is not Taiwan-only—you can build the same yield condition against another market yourself.
The template and how to adapt it
The high-yield template filters for a yield of at least 5% and sorts by yield, highest first. Use it to understand the field, then change the threshold, switch markets, add market cap or P/E conditions, and save your own definition for repeat runs.
Traps to check for
A one-off special dividend, non-operating income, or an asset disposal can inflate the current period's yield, and a sharp price fall raises yield on its own. The field follows provider updates and may lag around an ex-dividend date. A screen result is a research starting point, not advice—record the snapshot date whenever you compare lists across days.