Question

the stock of abc company has a dividend yield of 4%. the corporation has paid a dividend of $3.00 a share over the last 12 months and has earnings per share of $5. what is the current market price per share? quizlet

Answer 1

Here ,Dividend yield = 4%

Earnings per share = 3

Dividend yield is calculated as follows

Dividend yield = Dividend per share / Current market price

4% = 3 / Current market price

Current market price =  34% = 75

Consequently, the current market price per share is $75

What is meant by the current market? How can I find the most recent market price?

Current Market refers to the Principal Market, as of any date of determination, on which the Parent's shares of common stock are then listed, traded, and quoted.

Check the P/E ratio and earnings per share in the company's annual report for the accounting period to get an idea of the market price for that particular date. For instance, if the P/E ratio is 20 and the company reported EPS of 7.50, the expected market price comes out to 150 per share.

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