BDJ, Inc. has 31,000 shares of stock outstanding with a market price of $15 per share. If net income for the year is $155,000 and the retention ratio is 80%, what is the dividend yield on BDJ Inc.'s stock?
A) 3.4%
B) 3.7%
C) 5.5%
D) 6.7%
E) 8.3%
Correct Answer:
Verified
Q194: NeptBune, Inc. has 175,000 shares of stock
Q195: Philip's Garage has 25,000 shares of stock
Q196: Mae's Housewares has 48,000 shares of stock
Q197: Merrilee owns 500 of the 50,000 outstanding
Q198: MDM has a D/E ratio of.5, a
Q200: Ryan's Auto Parts has 200,000 shares of
Q201: Which of the following is the best
Q202: Alex, Inc. is financed 100% with equity.
Q203: Which one of the following decreases the
Q204: Which one of the following creates the
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