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Jingwen Plc Paid a Dividend of 7 Pence Per Ordinary

Question 47

Multiple Choice

Jingwen plc paid a dividend of 7 pence per ordinary share on 31 March 2019 and a dividend of 21 pence per ordinary share on 31 October 2019. Earnings per share for the financial year to 31 December 2019 were 42 pence. The current market price of one ordinary share in Jingwen plc is 350 pence. What is Jingwen plc's dividend yield?


A) 2%
B) 6%
C) 8%
D) 14%

Correct Answer:

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