Cameron Corporation had 50,000 shares of common stock issued and outstanding that it originally issued for $40 per share. The following information pertains to these shares: The total dividend on common stock for the year was $400,000. Cameron Corporation's dividend yield ratio for the year was:

Question

Cameron Corporation had 50,000 shares of common stock issued and outstanding that it originally issued for $40 per share. The following information pertains to these shares:  The total dividend on common stock for the year was $400,000. Cameron Corporation's dividend yield ratio for the year was:

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The Answer of Cameron Corporation had 50,000 shares of common stock issued and outstanding that it originally issued for $40 per share. The following information pertains to these shares:  The total dividend on common stock for the year was $400,000. Cameron Corporation's dividend yield ratio for the year was:

Cameron Corporation Had 50,000 Shares of Common Stock Issued and Outstanding