The dividend yield reported as Yld. % in The Wall Street Journal quotation is calculated as follows:
A) (dividends/hi)
B) (dividends/lo)
C) (dividends/close)
D) None of the above

Question

Quizplus · Accepted Answer

The dividend yield is calculated by dividing the annual dividend by the current stock price. The denominator in the calculation should be the current stock price, which is represented by the close price in the quotation. Therefore, the correct formula is (dividends/close).

The Dividend Yield Reported as Yld