API dividends estimates

Gee

Question 3 – In our code we aim to capture all future dividends using the future dividend cashflows and dividends that have gone XD in the current month up to the current date. Intermediate Capital Group (SEDOL = BYT1DJ1) has no future dividend expectations however is going XD-Div on the 12-June based on the bottom rows. Therefore, our code does not capture this dividend as it has not yet gone XD-Div but has no forward dividends. Therefore, I am looking for an alternative way for us to capture this dividend.

client is using this api code

import lseg.data as ld

 

ld.open_session()

 

SEDOLs = '7021963'

 

def transform_ric(ric):
    parts = ric.split('.', 1)  # Split into two parts at the first "."
    return parts[0] + 'DIVCF.' + parts[1] if len(parts) > 1 else ric + 'DIVCF'

 

def transform_row80_4(value):
    value=value.strip()
    if len(value) >= 4 and value[-4] == ' ':
        return value[-3:]
    else:
        return 'No_FX'

 

# Grab ric code and dividend currency for each stock based on SEDOL    
equity_parameters = ld.get_data(universe = SEDOLs, fields = ['TR.RIC'])

 

#Transform RICs and amend to code type used for fwd dividends
if equity_parameters is not None:
    df_equity_codes = equity_parameters.dropna(subset=['RIC'])
else:
    df_equity_codes = equity_parameters

 

df_equity_codes['Div RIC'] = df_equity_codes['RIC'].apply(transform_ric)

 

equity_static = ld.get_data(universe = SEDOLs, fields = ['TR.RegCountryCode'])

 

# Fields for retreiving forward dividend details
fields = [
    'ROW80_1',
    'ROW80_4',
    'ROW80_7',
    'ROW80_8',
    'ROW80_9',
    'ROW80_10',
    'ROW80_11',
    'ROW80_12',
    'ROW80_13',
    'ROW80_14',
    'ROW80_15',
    'ROW80_16',
    'ROW80_17',
    'ROW80_18',
    'ROW80_19',
    'ROW80_20',
    'ROW80_21',
    'ROW80_22',
]

 

RICs = df_equity_codes['Div RIC'].tolist()

 

# Retreive forward dividends estimates from LSEG
equity_fwd_dvd = ld.get_data(universe = RICs, fields = fields)

 

Jirapongse

@Gee

Thank you for reaching to us.

I tested the code and found that the client is using DB1GnDIVCF.F which is an invalid RIC.

First, the code gets TR.RIC of 7021963 and the TR.RIC is DB1Gn.F.

Then, it uses the following function to get a DIV RIC.

def transform_ric(ric):

    parts = ric.split('.', 1)  # Split into two parts at the first "."

    return parts[0] + 'DIVCF.' + parts[1] if len(parts) > 1 else ric + 'DIVCF'

This function returns DB1GnDIVCF.F. I am not sure if this is a correct way to get a DIV RIC.

Finally, the client used this DIV RIC (DB1GnDIVCF.F) to get the ROW80_xxx fields and the API returned "The record could not be found' for the instrument 'DB1GnDIVCF.F' Requested universes: ['DB1GnDIVCF.F']" which indicates that this DIV RIC is invalid.

This could be a content question. Please contact the content team regarding how to get dividends estimates from this SEDOL (7021963).