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