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Answer to Question #269012 in Financial Math for Ayana Prica

Question #269012

A company declares that next year's dividend will be Php1 per share. Everyone holding 100 shares will receive Php25 once per quarter. Find the dividend yield.

1
Expert's answer
2021-11-24T14:26:35-0500

The given is incomplete to calculate the dividend yield you should first know the price per share.

Formula Dividend yield = ( annual dividend ÷ current share price )

Current share price is not given.


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