Dividend Yield Comparison

In the chart below, the dividend is computed using the trailing twelve month (TTM) from the quarter (for the first 3 quarter, I reused the first quarter to fill the missing quarters, hence the initial values might be not realistic) and also dividend yield is computed based on the IPO Price.

Why use trailing twelve months than forward dividend? Using TTM helps in showing the trend of the dividend as per quarter, normally other chart shows annual dividend yield only.

Why use the IPO price instead of the current price? Admittedly using the IPO price to show the yield may not be as relevant than using the current price as new buyer of the stocks want to know what is their yield now. But the purpose of the chart is to try to compare REITs among themselves and how were IPO holders rewarded through time.

Note: Maybe  another chart showing the annual yield of each REIT using the target year's closing price can be used in the future. But there are a lot of platforms like Investagrams and even brokers, influencers who are already doing this. So might refrain from reinventing the wheel.