Use the table for the question(s)below.
Consider the following price and dividend data for Ford Motor Company:

-Assume that you purchased Ford Motor Company stock at the closing price on December 31,2004 and sold it after the dividend had been paid at the closing price on January 26,2005.Your dividend yield for this period is closest to:

Question

Use the table for the question(s)below.
Consider the following price and dividend data for Ford Motor Company:
 
-Assume that you purchased Ford Motor Company stock at the closing price on December 31,2004 and sold it after the dividend had been paid at the closing price on January 26,2005.Your dividend yield for this period is closest to:

Quizplus · Accepted Answer

The dividend yield is calculated as the dividend received divided by the purchase price of the stock. Since the dividend yield is closest to 0.70%, this implies that the dividend received was approximately 0.70% of the stock's purchase price.

Use the Table for the Question(s)below