A company paid $0.48 in cash dividends per share.It has earnings per share of $4.20 and a market price per share of $30.00.Its dividend yield equals:

Name: A company paid $0.48 in cash dividends per share.It has earnings per share of $4.20 and a market price per share of $30.00.Its dividend yield equals:
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Question

Quizplus · Accepted Answer

The dividend yield is calculated as the annual dividends per share divided by the market price per share. Here, it is ($0.48 / $30.00) * 100% = 1.60%.

A Company Paid $0