2 years ago

What is the dividend yield on Stock A that sells at

1 answer:

stira [4]2 years ago

6 0

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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