ABM Services paid a $4.15 annual dividend on a day it closed at a price of $54 per share. What
1 answer:
Answer:
Yield per share = 7.68% (Approx.)
Step-by-step explanation:
Given:
Dividend paid = $4.15
Price per dividend = $54
Find:
Yield per share
Computation:
Yield per share = [Dividend paid / Price per dividend]100
Yield per share = [4.15 / 54]100
Yield per share = [0.0768]100
Yield per share = 7.68% (Approx.)
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