1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
faust18 [17]
3 years ago
11

You purchased 500 shares of Barden Enterprises stock for $55.43 per share at the beginning of the year. The stock is currently p

riced at $57.48 per share. What is your dividend yield if you received total dividends of $835 over the year?
Business
1 answer:
krok68 [10]3 years ago
4 0

Answer:

Dividend yield is 2.91 %.

Explanation:

Dividend yield = Annual Dividend per Share / Stock Price per Share × 100

<em>where,</em>

Annual Dividend per Share = Total Dividends ÷ Total Number of Shares

                                              = $835 ÷ 500

                                              = $1.67

<em>then,</em>

Dividend yield = $1.67 / $57.48 × 100

                        = 2.905 or 2.91 %

You might be interested in
Question text The first task of an event marketer is to Select one: a. Attract attendees b. Elicit sponsors c. Organize staff d.
Mamont248 [21]

Answer:

C. Organize staff

Explanation:

C. Organize staff is the answer.

7 0
3 years ago
Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
kirza4 [7]

Answer:

$10.08

Explanation:

First, find dividend per year;

D3 = 0.50

D4 = 0.50(1.35) = 0.675

D5 = 0.675 (1.35 ) = 0.9113

D6 = 0.9113 (1.07) = 0.9751

Next, find the present value of each dividend at 13% rate;

PV (of D3) = 0.50/(1.13^3) = 0.3465

PV (of D4) = 0.675/(1.13^4) = 0.4140

PV (of D5) = 0.9113/(1.13^5) = 0.4946

PV (of D6) = \frac{\frac{0.9751}{0.13-0.07} }{1.13^{5} } \\ \\ = \frac{16.2517}{1.8424}

PV (of D6 )= 8.8209

Add the PVs to find the stock price;

= 0.3465 + 0.4140 + 0.4946 + 8.8209

= $10.08

8 0
3 years ago
A bill in the House of Representatives may only be introduced by a(n) __________. employee of a federal agency lobbyist for a sp
masha68 [24]
A bill in <span>the House of Representatives may only be introduced by a representative. 
</span>
6 0
3 years ago
Read 2 more answers
The primary objectives of control over inventory are
Morgarella [4.7K]

Answer: The correct answer is to safeguard the inventory and reporting the inventory on the financial statements.

Explanation: One of the primary objectives of control over inventory is to safeguard the inventory from damage or theft. The second objective is to report the inventory on the financial statements.

4 0
3 years ago
If a researcher asks a consumer why s/he wants to buy a Nokia cell phone, and learns, "They look well built" (attribute); then a
ra1l [238]

Answer:

D. laddering

Explanation:

6 0
3 years ago
Other questions:
  • A firm negotiates a(n) _________ with its bank. This arrangement gives the firm access to a specified amount of unsecured short-
    8·1 answer
  • Suppose the demand for macaroni is inelastic, the supply of macaroni is elastic, the demand for cigarettes is inelastic, and the
    8·1 answer
  • Mention two factors that influence the supply of the product
    13·1 answer
  • Refer to the following trial balance. ​ Debit Credit Cash $19,000 ​ Accounts Receivable 40,000 ​ Merchandise Inventory 62,000 ​
    12·1 answer
  • Which is the best definition of voluntary exchange?
    13·1 answer
  • Journalize the following selected transactions for January. Journal entry explanations may be omitted.
    6·1 answer
  • Why is the International System of Units (SI) used by scientists all over the world?
    7·1 answer
  • Jazakallah khair allah hu akbar
    14·1 answer
  • It is obvious that an error occurred in the preparation and/or posting of closing entries if: Multiple Choice the Retained earni
    8·1 answer
  • as the industrial revolution came to the united states, most firms operated in a(n) orientation. a. evolutionary b. societal c.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!