You purchased 200 shares of stock at a price of $36.72 per share. Over the last year,you have received total dividend income of $322. What is the dividend yield?
A) 3.2%
B) 4.4%
C) 6.8%
D) 9.2%
E) 11.4%

Question

Quizplus · Accepted Answer

Dividend yield is calculated by dividing the total dividend income by the total cost of the investment. In this case, the total cost of the investment is 200 * $36.72 = $7,344. 
Dividend yield = ($322 / $7,344) * 100% = 4.4% 
Therefore, the answer is choice B, which is 4.4%.

You Purchased 200 Shares of Stock at a Price of $36.72