Dividing the dividend payment by the stock's ________ determines the dividend yield.

Name: Dividing the dividend payment by the stock's ________ determines the dividend yield.
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Dividing the dividend payment by the stock's closing market price determines the dividend yield. The closing market price refers to the last recorded price of the stock on the market on a given day, and this is typically the most relevant pricing information for calculating the dividend yield.

Dividing the Dividend Payment by the Stock's ________ Determines the Dividend