If the quoted dividend yield in the paper was 2.2% and the dividend was listed as $0.72 what price is used in the calculation of dividend yield?
A) the day open of $32.15.
B) the day low of $32.
C) the day close of $32.73.
D) the day high of $33.50.

Question

Quizplus · Accepted Answer

The dividend yield is calculated using the closing price of the stock. Therefore, if the dividend yield is 2.2% and the dividend is $0.72, the price used in the calculation is the day's closing price, which is $32.73.

If the Quoted Dividend Yield in the Paper Was 2