Calculate the dividend yield for the year ending 30 June 2019 using the following information: interim dividend was 8c per ordinary share; the final dividend 12c per share; and the market price per share on 30 June 2019 was $6.00.
A) 2.18%.
B) 3.33%.
C) 33.33%.
D) 30.00%.

Question

Quizplus · Accepted Answer

To calculate the dividend yield, we need to add the interim and final dividends and divide by the market price per share:

Total dividend = 8c + 12c = 20c

Dividend yield = (total dividend / market price per share) x 100% 
= (20c / $6.00) x 100% 
= 0.0333 x 100% 
= 3.33%

Therefore, the answer is B - 3.33%.

Calculate the Dividend Yield for the Year Ending 30 June