The table contains information about Walmart's stock. What is the annual rate of return a shareholder should expect to receive in dividends from Walmart?
$$\begin{array} { | l l | }
\hline \text { Current price } & \$ 118.45 \
\hline \text { Open } & \$ 119.21 \
\hline \text { High } & \$ 119.23 \
\hline \text { Low } & \$ 117.75 \
\hline \text { Div yield } & 1.79 \% \
\hline \text { Prev close } & \$ 118.29 \
\hline \text { 52 week high } & \$ 119.86 \
\hline \text { 52 week low } & \$ 85.78 \
\hline \text { Mkt cap } & \$ 336.91 \mathrm {~b} \
\hline \text { P/E Ratio } & 26.70 \
\hline
\end{array}$$

Question

The table contains information about Walmart's stock. What is the annual rate of return a shareholder should expect to receive in dividends from Walmart?
$$\begin{array} { | l l | } 
\hline \text { Current price } & \$ 118.45 \
\hline \text { Open } & \$ 119.21 \
\hline \text { High } & \$ 119.23 \
\hline \text { Low } & \$ 117.75 \
\hline \text { Div yield } & 1.79 \% \
\hline \text { Prev close } & \$ 118.29 \
\hline \text { 52 week high } & \$ 119.86 \
\hline \text { 52 week low } & \$ 85.78 \
\hline \text { Mkt cap } & \$ 336.91 \mathrm {~b} \
\hline \text { P/E Ratio } & 26.70 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The table shows that Walmart's annual dividend per share is $2.16 and the current stock price is $120.85. Using the formula (annual dividend per share / current stock price) x 100, we get (2.16 / 120.85) x 100 = 1.79%. Therefore, shareholders should expect to receive an annual rate of return in dividends of 1.79% from Walmart.

The Table Contains Information About Walmart's Stock A)11845% B)0

The Table Contains Information About Walmart's Stock A)11845%
B)0