McDonald's Corp (MCD) stock is selling for $90.24 per share. They offer a dividend of $2.80 per share. What is the stock yield? (Round to nearest tenth.)

Name: McDonald's Corp (MCD) stock is selling for $90.24 per share. They offer a dividend of $2.80 per share. What is the stock yield? (Round to nearest tenth.)
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Quizplus · Accepted Answer

The stock yield is calculated as (Dividend per Share / Price per Share) * 100. So, ($2.80 / $90.24) * 100 = 3.1%.

McDonald's Corp (MCD) Stock Is Selling for $90