If a stock's price is $20 at the beginning of a year and $17 at the end of the year, and it pays a dividend of $2 during the year, then the stock's current yield is_____ percent.

Name: If a stock's price is $20 at the beginning of a year and $17 at the end of the year, and it pays a dividend of $2 during the year, then the stock's current yield is_____ percent.
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Question

Quizplus · Accepted Answer

The current yield is calculated as the annual dividend divided by the price at the beginning of the year. So, ($2 / $20) * 100 = 10%.

If a Stock's Price Is $20 at the Beginning of a Year