Answer to Question #274256 in Financial Math for Angela

Question

One share of Mang tubig prepared stocks pays an annual dividend of php 1.60 today Mang tubig closed at php 25.40 with a net change of PHP 0.50 what was the stocks yield at yesterday's closing price?

Answer 1

Based on the given conditions, formulate: 

${(1.6-0.5)\over 1.6}=0.6875\times 100 \%$

Answer: 68.75%