A company paid $0.58 in cash dividends per share. Its earnings per share is $4.30 and its market price per share is $28.75. Its

Question

3 years ago

11

dividend yield equals:___________a) 2.02%.b) 4.96%.c) 7.41%.d) 13.49%.e) 14.96%.

1 answer:

Lina20 [59] · Answer 1 · 2022-06-25T19:27:08+03:00

5 0

Answer:

a) 2.02%

Explanation:

Dividend yield = Cash dividend per share / Market price per share

Dividend yield = $0.58 / $28.75

Dividend yield = 0.02017

Dividend yield = 2.02%