Symons Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $2,500. The market price of common stock at the end of Year 2 was $2.01 per share. The company's dividend yield ratio for Year 2 is closest to:
A)1.0%
B)18.4%
C)26.3%
D)2.5%

Question

Symons Corporation has provided the following financial data:   Dividends on common stock during Year 2 totaled $2,500. The market price of common stock at the end of Year 2 was $2.01 per share. The company's dividend yield ratio for Year 2 is closest to:
A)1.0% 
B)18.4% 
C)26.3% 
D)2.5%

Quizplus · Accepted Answer

The Answer of Symons Corporation has provided the following financial data:   Dividends on common stock during Year 2 totaled $2,500. The market price of common stock at the end of Year 2 was $2.01 per share. The company's dividend yield ratio for Year 2 is closest to:
A)1.0% 
B)18.4% 
C)26.3% 
D)2.5%

Symons Corporation Has Provided the Following Financial Data