ABC stock closed yesterday at a price of $39.80 a share. The price today was down by $2.10. ABC pays a $0.48 annual dividend which has remained constant for five years. What is the current dividend yield today?
A) 1.15%
B) 1.21%
C) 1.27%
D) 1.31%
E) 1.33%
Correct Answer:
Verified
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