A company's shares are selling for $35 per share at year-end. This current year it paid shareholders a $2.45 per share cash dividend, reported earnings per share of $12.00, and had 750,000 ordinary shares outstanding at year-end. Calculate the company's dividend yield.

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The Answer of A company's shares are selling for $35 per share at year-end. This current year it paid shareholders a $2.45 per share cash dividend, reported earnings per share of $12.00, and had 750,000 ordinary shares outstanding at year-end. Calculate the company's dividend yield.

A Company's Shares Are Selling for $35 Per Share at Year-End