Stock in Synergistic Corporation is selling at $25 per share. It had earnings of $5 a share and a dividend yield of 5 percent. What is the dividend?

Question

Quizplus · Accepted Answer

First, we need to calculate the dividend per share:
Dividend per share = Dividend yield x Stock price
Dividend per share = 5% x $25
Dividend per share = $1.25

Therefore, the dividend per share is $1.25. Option C is the correct answer.

Stock in Synergistic Corporation Is Selling at $25 Per Share