Question

What is the dividend yield on Stock A that sells at \$20/share , when Company A pays a quarterly dividend of $0.15 per share? dividend yield = [?] %

get your answer as a percent rounded to the nearest tenth

Answer 1

we will find it by the formula:

$r=\frac{D}{P}=\frac{0.15}{20}=0.0075$ or 0.8%