The Perk's earnings per share is $3.11. Its ordinary dividend is $0.36 per share and its share price is $40 per share. Its dividend yield equals 0.9%.

Question

Quizplus · Accepted Answer

Dividend yield is calculated by dividing the annual dividend per share by the share price. In this case, the annual dividend per share is $0.36 and the share price is $40. Therefore, the dividend yield is ($0.36/$40) x 100% = 0.9%. As the question statement matches with the calculation, the answer is true.

The Perk's Earnings Per Share Is $3