Accounting: What the Numbers Mean 9th Edition by Wayne W McManus, Daniel F Viele, David H Marshall

Exercise 46

For the following questions, circle the best response.

Use the following information for Question.

Information concerning O’Sadnick, Inc., on December 31, 2010, is as follows:

Book value per share	$24.00
Dividends per share	1.00
Earnings per share	4.00
Par value per share	2.00
Market price per share	16.00

What is O’Sadnick Inc.’s dividend yield for 2010?

a. 4.16%

b. 6.25%

c. 25%

d. 50%