Consider the following information: $$\begin{array} { | l | r | }
\hline \text { Net earnings } & \$ 930,000 \
\hline \text { Beginning number of shares } & 140,000 \
\hline \text { Ending number of shares } & 160,000 \
\hline \text { Current price per share } & \$ 80.00 \
\hline \text { Dividend per share } & \$ 1.20 \
\hline
\end{array}$$ What is the dividend yield?
A) 8.6%
B) 50.0%
C) 1.5%
D) 6.2%

Question

Consider the following information: $$\begin{array} { | l | r | } 
\hline \text { Net earnings } & \$ 930,000 \
\hline \text { Beginning number of shares } & 140,000 \
\hline \text { Ending number of shares } & 160,000 \
\hline \text { Current price per share } & \$ 80.00 \
\hline \text { Dividend per share } & \$ 1.20 \
\hline
\end{array}$$ What is the dividend yield?
A) 8.6%
B) 50.0%
C) 1.5%
D) 6.2%

Quizplus · Accepted Answer

The dividend yield is calculated as (Dividend per Share / Price per Share) * 100. Using the given information, (1.20 / 80) * 100 = 1.5%.

Consider the Following Information What Is the Dividend Yield? A) 8

Consider the Following Information What Is the Dividend Yield?
A) 8