On January 1, 2013 Westman Fuji sold for $40 and on January 1, 2014 Westman Fuji sold for $39.50. During 2013 Westman Fuji paid four quarterly dividends of $1.50. Fuji's dividend yield is:
A) 2.53%.
B) 3.75%.
C) 15.00%.
D) 15.19%.

Question

Quizplus · Accepted Answer

Dividend yield is calculated as the annual dividends per share divided by the price per share at the beginning of the period. Here, the annual dividends are 4 * $1.50 = $6.00, and the price at the beginning of the period is $40. So, the dividend yield is ($6.00 / $40) * 100% = 15.00%.

On January 1, 2013 Westman Fuji Sold for $40 and on January