Question

ABM Services paid a $4.15 annual dividend on a day it closed at a price of $54 per share. What

Answer 1

Answer:

the yield is 7.68%

Step-by-step explanation:

The calculation of the yield is given  below:

we know that

Yield is

= Annual dividend ÷ Price per share

= $4.15 ÷ $54

= 7.68%

Here we divide the annual dividend by the price per share in order to determine the yield  

hence, the yield is 7.68%  

And, the same would be considered