Wild Rose Corp paid $.65 in common annual dividends per share. Its earnings per share was $4.50. The market price per share was $38.00. Its dividend yield was:

Name: Wild Rose Corp paid $.65 in common annual dividends per share. Its earnings per share was $4.50. The market price per share was $38.00. Its dividend yield was:
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Question

Quizplus · Accepted Answer

The dividend yield is calculated as the annual dividend per share divided by the market price per share. So, $.65 / $38.00 = 0.0171 or 1.7%.

Wild Rose Corp Paid