The daily newspaper lists this information on a stock: Last $36.19, Net Chg -1.63 and Yld% 1.3. What is the amount of the current dividend?
A) $0.44
B) $0.45
C) $0.47
D) $0.49
E) $0.52

Question

Quizplus · Accepted Answer

The current dividend can be calculated using the yield percentage (Yld%) and the last price of the stock. The formula is: Dividend = Last Price * (Yield / 100). Plugging in the values: $36.19 * (1.3 / 100) = $0.47047, which rounds to $0.47.

The Daily Newspaper Lists This Information on a Stock: Last