Cameron Company had 50,000 shares of common stock issued and outstanding during the year just ended.The following information pertains to these shares: The total dividend on common stock for the year was $400,000.Cameron Company's dividend yield ratio for the year was:
A) 8.89%.
B) 9.41%.
C) 11.43%.
D) 20.00%.

Question

Cameron Company had 50,000 shares of common stock issued and outstanding during the year just ended.The following information pertains to these shares:  The total dividend on common stock for the year was $400,000.Cameron Company's dividend yield ratio for the year was:
A) 8.89%. 
B) 9.41%. 
C) 11.43%. 
D) 20.00%.

Quizplus · Accepted Answer

The Answer of Cameron Company had 50,000 shares of common stock issued and outstanding during the year just ended.The following information pertains to these shares:  The total dividend on common stock for the year was $400,000.Cameron Company's dividend yield ratio for the year was:
A) 8.89%. 
B) 9.41%. 
C) 11.43%. 
D) 20.00%.

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