All categories

2 years ago

The market price of xyz corporation common stock is $55 and its quarterly dividend is $0.60. what is the stock's current yield?

1 answer:

eduard2 years ago

4 0

The market price of XYZ corporation common stock is $55 and its quarterly dividend is $0.60. 4.36% is the stock's current yield.

A stock's current yield is determined by dividing the annual dividend by the stock's current market price. In this example, the stock's annual dividend is found by multiplying the quarterly dividend of $0.60 by 4. This equals $2.40. So the current yield is 4.36% ($2.40 ÷ $55).

Common stock is a class of stock that represents ownership of a company. Holders of common stock, called shareholders, are entitled to: Voting rights to elect directors. Normally a shareholder can cast one vote for each share he owns.

Learn more about common stock at

brainly.com/question/25765493

#SPJ4

You might be interested in

This field of study has helped us understand differences in fundamental values, attitudes, andbehavior between people in differe

snow_lady [41]

Answer:

The correct answer is letter "A": Anthropology.

Explanation:

Anthropology is a social science in which the main objective of the study is the individual as a whole. It means, anthropology studies the human being through many focuses offered by disciplines such as natural, social, and science. Anthropology allows us to know men in his society and the culture where he belongs.

6 0

3 years ago

Boursaw Corporation has provided the following data concerning last month’s operations. Purchases of raw materials $33,000 Indir

m_a_m_a [10]

Answer:

COGS= $136,000

Explanation:

First, we need to calculate the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

We deduct the indirect material from the direct material purchase, so we don't sum it twice.

Because it is the unadjusted cost of goods sold, we take into account the allocated overhead.

cost of goods manufactured= 56,000 + (10,000 + 33,000 - 4,000 - 15,000) + 58,000 + 78,000 - 72,000

cost of goods manufactured= $144,000

To calculate the unadjusted cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 41,000 + 144,000 - 49,000

COGS= $136,000

6 0

4 years ago

A country sometimes uses high tariffs to protect its new and developing industries. What are two examples of new and developing

sweet-ann [11.9K]

Answer:

See explanation section.

Explanation:

Renewable energy from USA and Artificial intelligence from China and Singapore are the two examples of new and developing industries across the globe.

From my perspective, I believe that renewable energy should not necessarily be protected. Artificial intelligence (AI), on the other hand, should be protected. As there are a lot of high-tech countries to produce AI products, China or Singapore should impose high tariffs on imported AI to protect its AI industry. Otherwise, Germany or the USA will replace the AI sector of Singapore or China.

6 0

4 years ago

Which of the following people displays a learner mind-set?Natasha walks away when someone says something she disagrees withSam,

arlik [135]

Sasha reminds people that disagreements are normal. She is open minded

8 0

3 years ago

A. C .Tech Manufacturing Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product informat

Reptile [31]

Answer:

the awnser is mc=3

Explanation:

7 0

3 years ago