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nirvana33 [79]
3 years ago
11

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

dividend yield equals:___________a) 2.02%.b) 4.96%.c) 7.41%.d) 13.49%.e) 14.96%.
Business
1 answer:
Lina20 [59]3 years ago
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%

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