The stock of ABC Company has a current market price of $75. The corporation has paid a dividend of $3.75 over the last 12 months and has earnings per share of $5. What is the dividend yield?
A) 0.8 percent
B) 1.3 percent
C) 5.0 percent
D) 6.7 percent
E) 7.5 percent
Correct Answer:
Verified
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