Answer to Question #183036 in Accounting for Jhalyrah Samuel

Question #183036

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

Expert's answer

we will find it by the formula:

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

Learn more about our help with Assignments: Accounting

Comments

No comments. Be the first!

Leave a comment

Related Questions

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…