Question

Currently chester is paying a dividend of $2.53 (per share). if this dividend were raised by $3.64, given its current stock price what would be the dividend yield?

Answer 1

Dividend yield would be 14.4%.

Given the current dividend of 2.53 and an increase in dividend of 3.64, the new dividend per share will be 2.53 + 3.64 = 6.17.

A dividend is a gift that a business delivers to its shareholders, whether it be cash or something else. Dividends may be distributed in a number of ways, including stock dividends, cash payments, and other forms. The board of directors of a firm determines its dividend, which requires shareholder approval.

A corporation's payout of profits to its shareholders is known as a dividend. A corporation is able to distribute a portion of its profit as a dividend to shareholders when it generates a profit or surplus. Any remaining funds are withdrawn and reinvested back into the company.

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