You purchased a stock for $30.43 a share, received a dividend of $.70 per share, and sold the stock after one year for $30.22 a share. What was your dividend yield on this investment?
A)2.30%
B)2.38%
C)2.45%
D)2.67%
E)2.75%

Question

Quizplus · Accepted Answer

The dividend yield is the annual dividend per share divided by the purchase price per share. In this case, the dividend yield is $.70 / $30.43 = 2.30%.

You Purchased a Stock for $30