The stock of WAL-MAT pays a dividend of $.88. The stock opened at $18.25 and closed at $18.33. The stock yield is:

Name: The stock of WAL-MAT pays a dividend of $.88. The stock opened at $18.25 and closed at $18.33. The stock yield is:
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Quizplus · Accepted Answer

The stock yield is calculated by dividing the annual dividend by the current stock price. In this case, the annual dividend is $.88 and the current stock price is $18.33. Therefore, the stock yield is $.88/$18.33 = 4.8%.

The Stock of WAL-MAT Pays a Dividend of