Suppose that the annual dividend per share of stock is $4.40 and the closing price of the stock is $82.50, the yield of the stock would be

Name: Suppose that the annual dividend per share of stock is $4.40 and the closing price of the stock is $82.50, the yield of the stock would be
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Quizplus · Accepted Answer

The yield of the stock is calculated by dividing the annual dividend per share by the closing price of the stock and then multiplying by 100 to get a percentage. So, the yield = ($4.40 / $82.50) * 100 = 5.3%.

Suppose That the Annual Dividend Per Share of Stock Is