Stock in Synergistic Corporation is selling at $20 per share.It had earnings of $4 a share and a dividend yield of 4 percent.What is the dividend?
A) $0.04
B) $0.20
C) $1.00
D) $120

Question

Quizplus · Accepted Answer

The dividend yield is calculated as the annual dividend per share divided by the price per share. Given a dividend yield of 4% and a stock price of $20, the dividend is 4% of $20, which is $0.80.

Stock in Synergistic Corporation Is Selling at $20 Per Share