Comcast Corporation reports dividends per share in 2017 on common shares to be $0.50.The market price of the shares on December 31,2017,is $5.50 and there are 250,000 shares outstanding.Net income for 2017 amounted to $400,000.What is the dividend yield?
A) 0.09
B) 0.11
C) 1.60
D) 0.63

Question

Quizplus · Accepted Answer

The dividend yield is calculated as the annual dividends per share divided by the market price per share. So, the dividend yield = $0.50 / $5.50 = 0.09 or 9%.

Comcast Corporation Reports Dividends Per Share in 2017 on Common