A stock's dividend yield is calculated as the:
A) annual dividend received per share divided by the book value per share of stock.
B) book value per share of stock divided by the annual dividend received per share.
C) annual dividend received per share divided by the market price per share of stock.
D) market price per share of stock divided by the annual dividend received per share.
E) earnings remaining after paying preferred dividends divided by the number of common shares outstanding.
Correct Answer:
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