On July 5, Winter Company had a market price of $58 per share of common stock. For the prior year, Winter Company had paid an annual dividend of $3.48 per share. What is the dividend yield for Winter Company?

Question

Quizplus · Accepted Answer

The dividend yield is calculated by dividing the annual dividend per share by the market price per share and then multiplying by 100 to convert it to a percentage. So, for Winter Company, the dividend yield = ($3.48 / $58) * 100 = 6.0%.

On July 5, Winter Company Had a Market Price of $58