Leflore Corporation has provided the following data: Dividends on common stock during Year 2 totaled $6,000. The market price of common stock at the end of Year 2 was $1.38 per share. The company's dividend yield ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) 4.3%
B) 1.2%
C) 35.0%
D) 50.0%

Question

Leflore Corporation has provided the following data:  Dividends on common stock during Year 2 totaled $6,000. The market price of common stock at the end of Year 2 was $1.38 per share. The company's dividend yield ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) 4.3% 
B) 1.2% 
C) 35.0% 
D) 50.0%

Quizplus · Accepted Answer

The Answer of Leflore Corporation has provided the following data:  Dividends on common stock during Year 2 totaled $6,000. The market price of common stock at the end of Year 2 was $1.38 per share. The company's dividend yield ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) 4.3% 
B) 1.2% 
C) 35.0% 
D) 50.0%

Leflore Corporation Has Provided the Following Data: Dividends on Common