The field listed as Present Full Year's Dividend is a calculated number, based on the last reported dividend. The data files we receive have a field for the last quarterly dividend, and the Present Full Year's Dividend is that last dividend, multiplied by 4 to get what the expected dividend is going to be, for the 12 months starting with that most recently reported dividend.
If, as happened with several companies in 2020, a dividend is suspended, the data file we receive still has whatever the last paid amount was. That means until the company reports a 0.00 dividend, or some other amount, the last dividned paid will not change.
If you In the meantime, you can manually adjust for the dividends being suspended where appropriate.
With a stock study open, and while you're on the front/graph page, go to the Options menu, and click Edit Data. On the Edit Data window, change the Common Dividends field to 0.00 , and then click OK.
Save the stock study, either by going to File > Save, or using the Save icon in the Stock Study Toolbar.
When this is done, and you switch to the Back page of the stock study, the Present Fully Year's Dividend will be 0.00 , to show the last expected dividend was zero (or will be, if the quarter hasn't officially ended yet).
Additionally: for companies that have cancelled or suspended their dividends, the % payout in 5B should be adjusted. Our recommendation is to set it to 0% since it can be hard to know if or when the dividend might resume and what the dividend might end up being, as well as what EPS might be for these companies. As such, any future expected payout ratio has too much uncertainty to be useful. If the payout ratio is set to 0% in TK6, that doesn't change when data is updated, so the future compound return won't have a dividend component until the payout ratio is manually reset.