Gypsum Corp. pays out 25% of its earnings as dividends. Earnings per share are currently $1.32, book value per share is $16.80, and the market price per share is $22.44. What is the dividend yield?
A) 1.5%
B) 2.0%
C) 5.9%
D) 7.9%
Correct Answer:
Verified
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