In stock quotations the dividend amount is divided by the closing price to obtain the
A) par value
B) subscription price
C) price to earnings ratio
D) dividend yield

Question

Quizplus · Accepted Answer

Dividend yield represents the percentage return on investment based on the amount of dividends paid out. It is calculated by dividing the annual dividend amount by the current stock price. So, the dividend amount is divided by the closing price to obtain the dividend yield.

In Stock Quotations the Dividend Amount Is Divided by the Closing