Jack took the annual dividend of Team Shirts,which was $0.50 per share,and divided it by the market price of $17 per share.This came to 2.9%,which is the ________.
A)dividend per share
B)earnings per share
C)dividend yield
D)dividend payout ratio

Question

Quizplus · Accepted Answer

The 2.9% figure is the dividend yield, which is the annual dividend per share divided by the market price per share. Dividend per share refers to the absolute amount of dividend paid per individual share, while earnings per share refers to the net income earned per share. The dividend payout ratio would refer to the percentage of earnings paid out as dividends, and is not represented in the given information.

Jack Took the Annual Dividend of Team Shirts,which Was $0