Becky Martinez paid $65 a share for stock in GBX Corporation.The stock has a current market value of $24 a share and pays $0.80 a year in dividends per share.What is the dividend yield rounded to the nearest tenth of a percent?
A) 2.5 percent
B) 7.4 percent
C) 3.3 percent
D) 30.0 percent
E) 40.0 percent
Correct Answer:
Verified
Q65: To calculate dividend yield,the annual dividend amount
Q66: Which one of the following statements is
Q67: Which one of the following statements is
Q68: Acme Widget,Inc.has one million shares of common
Q69: Which one of the following is a
Q71: Kay Powers wants to diversify her portfolio
Q72: A stock issued by a corporation that
Q73: Regardless of a stock's classification,a stock is
Q74: Anthony Edwards wants to diversify his portfolio
Q75: The federal government requires that a corporation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents