At the end of 2013,Crane Industries Inc.'s stock price was $30.75.A year later it was $34.88.Per share dividends over the year were $0.55,while earnings per share were $1.33.What was the dividend yield in fiscal year 2014?
A) 1.79%
B) 4.33%
C) 13.43%
D) 15.22%
E) 17.76%

Question

Quizplus · Accepted Answer

The dividend yield is calculated as the annual dividends per share divided by the price per share at the beginning of the year. So, for Crane Industries Inc., the dividend yield for fiscal year 2014 is ($0.55 / $30.75) * 100 = 1.79%.

At the End of 2013,Crane Industries Inc