What is the dividend yield on Stock A that sells at
1 answer:
Answer:
5.3%
Step-by-step explanation:
The annual dividend is 4 times the quarterly dividend, so is $0.80 per share. The yield is the ratio of that to the share price:
yield = $0.80/$15.00 ≈ 0.05333... ≈ 5.3%
The dividend yield is 5.3%.
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