Commons,Inc.provides the following information for 2018: The company has no preferred stock outstanding.Calculate the dividend yield for common stock.(Round your answer to two decimal places. )

Question

Commons,Inc.provides the following information for 2018:  The company has no preferred stock outstanding.Calculate the dividend yield for common stock.(Round your answer to two decimal places. )

Quizplus · Accepted Answer

Dividend yield = Annual dividend per share / Market price per share of common stock = $0.75 per share / $19 per share = 3.95%