Orange Company's dividend yield ratio on December 31,20 × 6 was closest to:

Question

Quizplus · Accepted Answer

Dividend yield ratio is calculated by dividing the annual dividends per share by the current market price per share and expressing the result as a percentage.

There is no information given about the annual dividends or the market price per share. Hence, we cannot calculate the exact dividend yield ratio.

However, among the given choices, C) 3.1% is the closest to the average dividend yield ratio for the S&P 500 index, which is around 2%. Therefore, C) 3.1% is the best choice.

Orange Company's Dividend Yield Ratio on December 31,20 × 6