The market price of Horokhiv Corporation's common stock at the start of 2016 was $47.50 and it declared and paid cash dividends of $3.28 per share. The Dividend yield ratio is:
A) 144.8%.
B) 6.5%.
C) 6.9%.
D) 14.5%.
E) 7.4%.

Question

Quizplus · Accepted Answer

Dividend Yield Ratio = (Cash Dividend per share/Market price per share) x 100%
= ($3.28/$47.50) x 100%
= 6.9%

The Market Price of Horokhiv Corporation's Common Stock at the Start