Stone,Inc.had 2012 earnings of $1,500,000.Cash dividends per share were $0.50.The company had an average of 1,225,000 shares of common stock outstanding.The market price of the stock at the end of the year was $6.00 per share.What was the dividend-yield for Stone,Inc.?

Question

Quizplus · Accepted Answer

The dividend yield is calculated as (Annual Dividends per Share / Price per Share) * 100. Here, it's ($0.50 / $6.00) * 100 = 8.33%.

Stone,IncHad 2012 Earnings of $1,500,000