Dong Wang wants to retire when he has saved $1,500,000. He can make 30 payments of $15,000 each, with each payment made at the b
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The dividend yield for the given stocks is 4.12%.
What is dividend yield?
- A financial ratio (dividend/price) called the dividend yield, which is stated as a percentage, demonstrates how much a firm pays in dividends annually in relation to the price of its stock.
- The price/dividend ratio is the counterpart of the dividend yield.
- The dividends from real estate investment trusts (REITs), master limited partnerships (MLPs), and business development corporations (BDCs) are taxed more heavily than the typical dividend.
- The dividend yield of a stock may be rising as a result of a dropping stock price, therefore it's crucial for investors to remember that greater dividend yields do not always signal appealing investment prospects.
<u>Solution:</u>
We know that dividend yield = × 100
dividend yield = × 100 = 4.12%
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